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Great point! In health insurance, markets should work to minimize administrative costs - to minimize the amount people have to pay to be insured (cost) and maxi
by andreyf 17y ago
Great point! In health insurance, markets should work to minimize administrative costs - to minimize the amount people have to pay to be insured (cost) and maximize benefits. Currently, the market incentives are to do the exact opposite, while innovating on customer confusion, public relations, and lobbying power in Washington.