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Switzerland has individually mandated, state-approved, non-profit private insurance. Totally unlike the US's private insurance in every way that matters.
by llamaimperative 2y ago
Switzerland has individually mandated, state-approved, non-profit private insurance.
Totally unlike the US's private insurance in every way that matters.
- ywvcbk 2y agoIt’s kind of like Obamacare without a huge number of compromises > non-profit private insurance Only base/minimum coverage, the same companies still offer extended/supplemental plans with no such limitations. Also is the for profit part really that important? Profit margins are capped and even if all insurance companies became non profit and costs went down went down by another 5-10% or so at most, would that fundamentally change anything? The extreme inefficiency seems like a mich bigger issue.