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If you had no profit motivation then there is no incentive to do the best and most efficient job. This is why government organizations are always extremely bloa
by Sparyjerry 5y ago
If you had no profit motivation then there is no incentive to do the best and most efficient job. This is why government organizations are always extremely bloated, inefficient, and employees don't care about the service level. It's because a monopoly means you don't have to care about any of that anymore.
- jjav 5y agoThe insurance company profit motive only achieves them maximizing their profit margin at all times. Which is done by charging as much as possible and blocking services as much as possible so they don't have to pay.
- ThePowerOfFuet 5y agoSpoken like someone who's never had experience with a public healthcare system anywhere else in the world.