2 ms·
> By law, no more than 15% is going to the insurance company (which isn't just profit, that covers all the administrative costs of running the plan). That's q
by ceejayoz 1y ago
> By law, no more than 15% is going to the insurance company (which isn't just profit, that covers all the administrative costs of running the plan).
That's quite a bit to a middleman.
https://pmc.ncbi.nlm.nih.gov/articles/PMC6179628/ https://pmc.ncbi.nlm.nih.gov/articles/PMC6179628/
"According to Reinhardt, “doctors’ net take-home pay (that is income minus expenses) amounts to only about 10% of overall health care spending."
It's also a big incentive for the insurer to increase prices. If they want more revenues, and more profits, they have to get overall spending to go up.
> Your basic family care provider living in Podunkville earns as much as a mid-career SWE in the Bay Area, and specialists earn way, way more.
Good. They should.