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Profit margin is the important metric to look at in the context of moving to a socialized system. The stats in the linked article say that even if a public ent
by tullius 17y ago
Profit margin is the important metric to look at in the context of moving to a socialized system. The stats in the linked article say that even if a public entity could run as efficiently as a private insurer there is only 3.7% surplus value to capture.
- rwl 17y agoYou are assuming that a public entity couldn't run more efficiently than a system of private ones, which is exactly the point -- or one of the points -- at issue.