Due - Denninger misses a HUGE BOOGEY MAN in the cost shifting scam.
INSURANCE COMPANIES
They, even MORE than the government, are thieving bastards that shift the costs from 'those insured' to those that are 'paying cash' - by a factor of 4-5x many times. FLAT ASS ILLEGAL ... well, it USED to be ... it sure as HELL is immoral.
The problem, and Denninger gets it in most of his article, but not the full implications (because he blames the MEDICAL INDUSTRY as primary 'blamees' - not realizing they are simply FACILITATORS for the HUGEST crooks - and even more protected by laws) ...
and that is the
INSURANCE INDUSTRY.
Denninger actually SEES it, and describes it - but misses it as being the PRIMARY CAUSATION.