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Interesting trivia - health insurers kind of don't care about these big bills, despite what most people think: https://www.propublica.org/article/why-your-healt
by kindatrue 8y ago
Interesting trivia - health insurers kind of don't care about these big bills, despite what most people think: https://www.propublica.org/article/why-your-health-insurer-does-not-care-about-your-big-bills https://www.propublica.org/article/why-your-health-insurer-d...
- clairity 8y agonot sure it's trivia. it's pretty straightforward though: higher bills means more money insurance companies can skim off the top without patients objecting. direct costs are basically pass-throughs to policy holders. the risks are higher but execs are in it for salaries and bonuses, so that exhibits the principle agent problem.