Health Care and Automobile Manufacturers

How different would the market for automobiles have developed if a third party paid 80 percent of the cost of new cars. . . . The insurance would have influenced both the number and type of cars people bought. People would replace cars more often, they would buy higher quality cars. A BWM or Mercedes would cost buyers little more than a Chevy or Ford, sales of luxury cars would go up. Car manufacturers would have focused on product development, bigger engines and luxuries rather than cost reducing manufacturing changes. . .




Controlling health care costs might mean doing away with insurance. The medical industry would have to minimize costs like other industries do and price their products and service so the customer can afford to buy.