3 ms·

> Switzerland has private insurance just like the US and people I know that live in Zurich love it. Profits are regulated (sometimes down to zero) in CH. Profi

• systemvoltage 5y ago
  Only for the "soziale krankenversicherung" or basic plan. US has a massive free healthcare system called "Medicaid" which is similar to the basic plan for low income individuals and families, the scale of which is unknown to many: > Medicaid is the largest source of funding for medical and health-related services for people with low income in the United States, providing free health insurance to 74 million low-income and disabled people (23% of Americans) as of 2017, as well as paying for half of all U.S. births in 2019. https://en.wikipedia.org/wiki/Medicaid https://en.wikipedia.org/wiki/Medicaid In addition, each state has other provisions. For example, California's Medical system is used by a third of California's population: > Benefits include ambulatory patient services, emergency services, hospitalization, maternity and newborn care, mental health and substance use disorder treatment, dental (Denti-Cal), vision, and long term care and supports. https://en.wikipedia.org/wiki/Medi-Cal https://en.wikipedia.org/wiki/Medi-Cal
• 1123581321 5y ago
  US health insurers are required to spend large majority of revenue paying claims, which does not cap profits absolutely but does proportionately.