• shoulderoforion@fedia.io
    link
    fedilink
    arrow-up
    7
    arrow-down
    3
    ·
    17 hours ago

    Approved claims, and no profits. Once you start approving claims, the hospitals and healthcare companies will continue charging whatever they want to. The Insurance game is a losing proposition if claims must be paid, it only works if they’re allowed to deny claims. It’s a nonstarter. Which is why in a nation with a functioning public healthcare system, Insurance companies aren’t necessary. Healthcare costs will always outpace the income an Insurance company will charge.