3 ms·
If we're getting to the point where we can openly talk about getting rid of the industry -- unlikely but not an impossibility -- perhaps the industry itself mis
by jvagner 7y ago
If we're getting to the point where we can openly talk about getting rid of the industry -- unlikely but not an impossibility -- perhaps the industry itself missed a few opportune -- not opportunistic -- steps.
My health insurance company is a non-profit. And I also supplant my coverage through a religious non-profit health expense coverage company. I'm not religious, but I answered their screening questions honestly and they accepted me.
Providers and cover-ers are playing a game where the costs are an insurance against non-payment in and of itself. We've all heard the stories of a $10K bill here which would cost $400 elsewhere. If insurance companies want to be super-profitable, and if costs are aligned to unreasonable pricing tenets that can't be justified long term, the system will collapse, and deservedly.
There are many ways to do capitalism, and some of them are bad for too many parties except the organization.