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Removing insurance companies from the equation saves billions. There are hundreds of thousands of insurance employees working on complex payer software, busines
by r0m4n0 5y ago
Removing insurance companies from the equation saves billions. There are hundreds of thousands of insurance employees working on complex payer software, business workflows, payments, clearing houses, membership, plan negotiations, sales, actuarial, claims, member support etc. Also on the hospital side all the people that interface with the insurance companies.
There would be some overhead for single payer but it would be much more efficient and simple.
Massive insurance company dissolution might also be an unpopular reality for folks to come to terms with as well though