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The whole private insurance is a racket, because private companies don't have many incentives to offer reasonable insurance. Public insurance, or community dri
by smaudet 4y ago
The whole private insurance is a racket, because private companies don't have many incentives to offer reasonable insurance.
Public insurance, or community driven, is a different matter. Sure, someone can have a non profit racket, but if the insurance pool is communal with relatively low overhead, it can function much better.
Universal care has different issues, but at least it is closer to communal in this sense, so better in that sense at least.
- renewiltord 4y agoPublic insurance is a sure-fire way to grow how much money goes to private healthcare providers. Just like this latest amyloid plaque crap, the whole thing will be aimed at ensuring that the public budget can be directed into something that is politically unassailable: spending as much money on old people as possible. Remember: you should never trade grandma for a dollar.