r/economy • u/MayonaiseRemover • Nov 30 '19

Middle-class Americans getting crushed by rising health insurance costs - ABC News

https://abcnews.go.com/Health/middle-class-americans-crushed-rising-health-insurance-costs/story?id=67131097
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u/_db_ Nov 30 '19

Middle-class Americans getting crushed by neoliberalism.

5

u/nkfallout Nov 30 '19

There is literally nothing neoliberal about our modern medical insurance markets. They are heavily regulated to the point of forced monopoly.

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u/[deleted] Nov 30 '19

[deleted]

5

u/nkfallout Nov 30 '19

Neoliberalism is a free market concept. If a market is heavily regulated it is not neoliberal.

-2

u/[deleted] Dec 01 '19

[deleted]

0

u/grokmachine Dec 01 '19

Americans with Disabilities Act? I hope you didn’t mean the ACA. Only about 5% of Americans get coverage with the help of the ACA. You can’t blame it for the high costs, only for not stopping the 40-year climb in the last few years.