Post #51148 by Lambo on the Upstart Holdings board

Stocks A to Z / Stocks U / Upstart Holdings (UPST)

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The obstacle to doing so isn't federal power. It's that switching would significantly increase the amount we collectively pay for health care, and that's politically very difficult.

Yes, so we'd have to slash costs, and that would lead to a big section on the economy taking a nose dive now, not to mention the unemployment problem. Insurance companies would get cut out, CEOs out, consolidation, turmoil. Big mess. That's my understanding of why it can't be done. We're too far down the road.

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