Here’s a thought regarding our present health care dilemma: If electricity, water and other essential services are classified as public utilities, shouldn’t the availability and affordability of good health also be an essential service?
Isn’t the health of all our citizenry just as important as flipping on a light switch in our home, or turning the shower faucet on in the morning?
Why can’t health insurance companies be considered privately owned utilities, subject to public control and regulation? They could still have the benefits of being investor owned.
The present behavior of health insurance companies certainly supports the argument for public regulation, and there is a need to control their market power, to facilitate real competition, to stabilize cost and provide stability in the market.
When you have a CEO of an insurance company (Aetna) earning $467,309.85 per week, then I would suggest that the health care insurance industry has certainly proven that when left to its own devices, they will act in a way contrary to public objectives and interests.
Mike McKinley
Fresno
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