The President lied...

[treestar]

47. He's a politician

People are resistant to change sometimes, even if it would benefit them. IMO a lot of employed people who don't get sick just want to think they are covered and not mess with it.

It's also fair to take into account that people should know this and not need to be told it - after all these are the same people who consider themselves successful in the free market, so why wouldn't they realize a contract is between two sides? But in reality people don't realize they've made a contract with an insurance company and don't realize or accept what they agreed to should it turn out not as good as they expect it. They feel "cheated."

Consumer protection laws of all kinds realize they are not equals in the bargaining involved. Especially when your employer did the "bargaining" for you. In a culture where we just pay without bargaining with the seller, we tend to think some magic hand sets prices "fairly" and assume that the market is doing it and the government has no hand in it.

The funny thing is people that think the free market is all that would be upset if they lived in a real one, where every penny they spend is on them, caveat emptor and there's no sympathy if they got tricked by a seller.