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Why have health care when you can make more treating symptoms without a cure or prevention? Why have enough housing when rents go up during scarcity? Why make
by newsclues 1y ago
Why have health care when you can make more treating symptoms without a cure or prevention?
Why have enough housing when rents go up during scarcity?
Why make life better for your working class citizens when you can import fresh ones to exploit?
Seems like there is a systemic problem that is causing the same issues in many countries.
- darth_avocado 1y agoOn the healthcare front, it would actually more profitable for insurance companies to fund preventative health care and healthier lifestyles. Instead they focus on denying coverage as a way to generate profits.
- wpm 1y agoDon't have to pay for the costs of denying preventative care if we just deny coverage for the expensive stuff too! taps forehead
- darth_avocado 1y agoThey can only deny a certain percent of care that they’re supposed to pay out before they come under scrutiny and lawsuits are filed. Preventative care can dictate better outcomes for pretty much everyone covered.
- deleted 1y ago[deleted]
- newsclues 1y agoFor insurance, but health care is bigger than insurance. Pharmaceutical, hospitals, equipment manufacturers. Not everyone profits maximally from healthy people.
- darth_avocado 1y agoCorrect. But incentives within the industry should balance everything out if each of these players tries to profit maximally the right way.
- newsclues 1y ago“Should” Lobbying and regulatory capture have led to a less than free market, that people expect to function as a free market, but the government intervention has been too great.
- Ekaros 1y agoDon't insurance make money on margin? That is what they are allowed to charge above their payout rate. Thus as long as payout rate goes up at right speed compared to their payin they will earn more the more they spend. It is not like premiums are set to go down ever.