Economics is not a strong subject of mine I must admit. This video helped me understand the differences between private and single payer systems. It also talks about the idea behind the ACA. I believe it was sold to us as a universal health care system then found a way to penalize those who didn’t have health insurance. If insurance is not obtained then we will be obligated to pay a penalty fee that is regulated similarly to the way the IRS investigates and penalizes us Americans. In my opinion, if one does not want to pay for insurance it should be a personal choice.
“Why is health care so expensive? Once again, there are a lot of factors in play. Jacob and Adriene look at the many reasons that health care in the US is so expensive, and what exactly we get for all that money.”