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> Do you think insurance companies are some bottomless reserve of money hoarded by evil tycoons? Yes, absolutely. To the extent that "evil tycoons" exist in t
by cookiecaper 8y ago
> Do you think insurance companies are some bottomless reserve of money hoarded by evil tycoons?
Yes, absolutely. To the extent that "evil tycoons" exist in the real human world and are not just propagandist's caricatures, anyway.
Medical insurers provide near-zero tangible value and are the main reason that the medical system is FUBAR'd. I understand that there are many good people working for insurers because they need to put food on the table, and I sympathize with that, and I probably would take such employment myself if necessary.
But we should not pretend that medical insurers are good or that they are entitled to anything. The belief that they deserve a place in the economy is immensely destructive. They are paper pushers who leech from the providers administering medical care, the patients receiving it, and literally everyone in between, including the state and the patient's employer(s).
We do not have to accept medical insurers, nor pretend their role is legitimate. I personally believe most types of medical insurance should be immediately and completely outlawed.