The Affodability of Health Insurance has deteriorated since 2015
" New survey findings from the Kaiser Family Foundation show that health care has become somewhat less affordable even among those with health insurance. Since 2015, larger shares of people with health insurance say they have a difficult time affording their health care costs: from 27 percent to 37 percent for premiums, 34 percent to 43 percent for deductibles, and from 24 percent to 31 percent for copays and prescription drugs.
"A new study from academic researchers found that 66.5 percent of all bankruptcies were tied to medical issues —either because of high costs for care or time out of work. An estimated 530,000 families turn to bankruptcy each year because of medical issues and bills, the research found."
There has to be a better way (than health insurance for profit) to provide all Americans with basic healthcare as a right of citizenship. Obamacare was not the answer.
We may well have to consider finding a way to expand Medicare and fund it with, among other things, the savings people have from not paying for private health insurance.
Also consider that a large number of collection cases (not sure the exact percentage) are related to healthcare costs. With some form of universal health coverage the number of collection cases would be brought down substantially.
The system needs major structural change, not more tweaks.