Huge Administrative Waste Makes Clear For-Profit Insurance Is 'Actually Very Bad': Analysis
Huge Administrative Waste Makes Clear For-Profit Insurance Is 'Actually Very Bad': Analysis
"It is totally fair for people to identify private insurers as the key bad actor in our current system," writes Matt Bruenig of the People's Policy Project. "The quicker we nationalize health insurance, the better."
You're viewing a single thread.
That waste how they extract profit.
The business model is to middle man every medical transaction and they take a cut on each one. And some transaction they can keep entire value bt denying a claim as a hail merry.
This shit is more parasitic than payments processing industry.
How did we end up where folk just accept either of these things?
These industries need to be dismantled. But it is probably easier for everybody to move to a country that actually has a functioning system lol
Although the darlings in the Nordics are starting to show cracks esp Sweden. The US style extraction systems are being exported and they able to impose them via decisive politics that working classes larp.
They must think they got some sort of cheat code.
The main problem with the Swedish healthcare system is lack of funding. The healthcare sector has been needing more money for a long time now.
I am not completely sure but I think Norway and Denmark does not have a problem with a lack of funds