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This. Insurance companies want medical procedures to cost more so that they can charge higher fees and punish those who don’t choose to participate in their ind
by armenarmen 6y ago
This. Insurance companies want medical procedures to cost more so that they can charge higher fees and punish those who don’t choose to participate in their industry.
- HPsquared 6y agoExactly, it's the same for car insurance where (industry-wide) high repair costs mean the insurance industry has more turnover from which to extract a percentage profit margin. Exactly the same forces apply for medical insurance.