4 ms·

There are right answers though. Certainly far more "right" than what they currently do. They can, in fact, have their billions of profits while not putting the

There are right answers though. Certainly far more "right" than what they currently do. They can, in fact, have their billions of profits while not putting their customers in the grave. It's just slightly less profit than they currently get. Squeezing the blood from the stone here is entirely a choice.

avalys 2y ago
How much profit do you think they make, exactly? How much do you think they should be entitled to make? If the answer is zero, why would anyone invest in a company that can’t make money? If the answer is that healthcare should be run by the government, why are you blaming the CEO instead of politicians?
- ceejayoz 2y ago
  Who do you think lobbies those politicians?
  - avalys 2y ago
    Are the politicians not accountable for the decisions they make? Who has a greater moral accountability to the public - politicians or corporate CEOs?
    - ceejayoz 2y ago
      That’s a false dichotomy. The correct answer is “both, they are willing accomplices”.
patmcc 2y ago
A lot of this data is open: https://www.kff.org/private-insurance/state-indicator/average-gross-margin-on-the-individual-market/?currentTimeframe=0&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D https://www.kff.org/private-insurance/state-indicator/averag... That shows the gross margin of insurance companies (based on premiums vs paid claims). Note that it's negative in some states, and also that's gross margin - so all the insurance companies' costs need to be paid out of that. They are not making as much profit as you think they are.
- bigtex88 2y ago
  Literally any profit is too much for these companies.