Health insurance is destructive entrepreneurship. It is essentially the equivalent of price gouging people needing to cross the river with an exorbitant bridge

Health insurance is destructive entrepreneurship. It is essentially the equivalent of price gouging people needing to cross the river with an exorbitant bridge toll. It's also a great example of why GDP is an imperfect measure of economic output. The _THEORY_ of why these companies need to exist is to to more efficiently allocate limited available care to a pool of patients. However in practice they do this so inefficiently (by design), that any money paid to the employees of insurance companies would be better spent on educating additional doctors.