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> Socialize healthcare as it is forcing all sorts of market distortions I don't understand how you come to this conclusion. Can you explain?

margalabargala 3y ago
If a large portion of the cost of auto insurance is to pay for potential injuries to someone that you hit, then we can conclude 1) single-payer healthcare would significantly lower the cost of auto insurance, and conversely, 2) the lack of single-payer healthcare is a significant contributor to the current state of auto insurance markets/pricing.
- timy2shoes 3y ago
  I completely agree with your assessment and logic, but the parent posted suggested that socialization of healthcare (e.g. ObamaCare) is contributing to auto rates. That I don't understand.
  - margalabargala 3y ago
    Looking again, I think their comment can be parsed in multiple ways. > Socialize healthcare as it is forcing all sorts of market distortions in unrelated markets I interpreted that as a call to socialize healthcare, not a description of market effects that "socialized healthcare" has to the extent that exists in the US.
    - tomrod 3y ago
      Your interpretation of what I posted is correct. My apologies for the lack of clarity. Comment has been edited.
- SoftTalker 3y ago
  No, because injury claims also include lost income, compensation for disability, pain and suffering, etc. not just medical expenses.
morkalork 3y ago
It makes sense with some extra punctuation: Great. Socialize healthcare. As it, is blah blah. If you want even cheaper car insurance, you can even go beyond socialized healthcare. You can have socialized car insurance! Or in some cases a hybrid system where you insure your vehicle but not all trauma and damage to the other party. But I don't think Americans would be a-okay with seeing a government employed doctor when they make their injury claims. Even if outcomes are better than a purely private system.

margalabargala 3y ago

If a large portion of the cost of auto insurance is to pay for potential injuries to someone that you hit, then we can conclude 1) single-payer healthcare would significantly lower the cost of auto insurance, and conversely, 2) the lack of single-payer healthcare is a significant contributor to the current state of auto insurance markets/pricing.

timy2shoes 3y ago
I completely agree with your assessment and logic, but the parent posted suggested that socialization of healthcare (e.g. ObamaCare) is contributing to auto rates. That I don't understand.
- margalabargala 3y ago
  Looking again, I think their comment can be parsed in multiple ways. > Socialize healthcare as it is forcing all sorts of market distortions in unrelated markets I interpreted that as a call to socialize healthcare, not a description of market effects that "socialized healthcare" has to the extent that exists in the US.
  - tomrod 3y ago
    Your interpretation of what I posted is correct. My apologies for the lack of clarity. Comment has been edited.
SoftTalker 3y ago
No, because injury claims also include lost income, compensation for disability, pain and suffering, etc. not just medical expenses.

morkalork 3y ago

It makes sense with some extra punctuation: Great. Socialize healthcare. As it, is blah blah. If you want even cheaper car insurance, you can even go beyond socialized healthcare. You can have socialized car insurance! Or in some cases a hybrid system where you insure your vehicle but not all trauma and damage to the other party. But I don't think Americans would be a-okay with seeing a government employed doctor when they make their injury claims. Even if outcomes are better than a purely private system.