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> Pushing them into some kind of not-for-profit Health (and perhaps life) insurance should be not-for-profit, period. Healthcare providers in general should al
by dreamcompiler 8y ago
> Pushing them into some kind of not-for-profit
Health (and perhaps life) insurance should be not-for-profit, period. Healthcare providers in general should also be either nonprofit, or they should be mandated to publish their prices and stick to them, so that transparent competition exists in the marketplace.
- pmiller2 8y agoI’m not saying I disagree, but what’s your argument that life insurance should be nonprofit?
- dreamcompiler 8y agoInsurance companies that make a profit are strongly incentivized to maximize premiums and find excuses not to pay claims, which is exactly what TFA suggests. Doing these things is exactly what gets you a nice bonus if you're a manager at an insurance company. A non-profit organizational structure removes such personal incentives for customer abuse.