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Government run care is different in one massive way: It's not a profit seeking entity. Private insurance, even those run as non-profit, still turn a profit. Do
by JackRabbitSlim 7y ago
Government run care is different in one massive way: It's not a profit seeking entity.
Private insurance, even those run as non-profit, still turn a profit. Does the head of the DHS make 15 Million dollars in year? No? That's the average compensation for private insurance CEOs. Bernard Tyson CEO of non-profit Kaiser Permanente made 16 Million in 2017.[0]
Is that really "all the same"?
[0]https://medium.com/@kaiserkeepthrivealive/this-analysis-looks-at-the-total-compensation-for-the-ceo-and-other-executives-of-kaiser-e4a9eae3e63a https://medium.com/@kaiserkeepthrivealive/this-analysis-look...
- philjohn 7y agoIt also spreads the risk pool over an entire nation, rather than who happens to be insured by insurance corp A in state B.