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If insurance companies and hospitals are scamming people, then why aren't people investing in those companies? Or why aren't people starting a insurance compan
by witty_username 10y ago
If insurance companies and hospitals are scamming people, then why aren't people investing in those companies? Or why aren't people starting a insurance company or hospital?
If there's really a scam, people could make good money from it.
- cpncrunch 10y agoActually, inefficiency would probably be a better term than "scam". Here is an article that goes into some of the reasons: http://insights.som.yale.edu/insights/why-is-healthcare-so-expensive http://insights.som.yale.edu/insights/why-is-healthcare-so-e...
- tmnvix 10y ago> If insurance companies and hospitals are scamming people, then why aren't people investing in those companies? People do. Generally wealthy people. That there is so much money being made in the healthcare industry is a large part of the problem.