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Simply because insurance corporations have shareholders to serve. There's just no incentive for insurers to lower prices. It's the nature of corporations to ma
by warent 8y ago
Simply because insurance corporations have shareholders to serve. There's just no incentive for insurers to lower prices.
It's the nature of corporations to maximize profit. That can be a good thing, but not when health and lives are at stake, which is something that lower class conservatives don't understand the economics of, and upper class business owners profit off of. It's an ugly emergent property of the system we've built.
> "If I was an American I'd probably just fly to Thailand for any serious health issues because the cost of flight ticket plus treatment would be significantly less than in the US."
What you're describing is called "medical tourism" and it is slowly becoming more popular in the USA but still a fairly niche and underground idea.