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   Kyle Montanio (fantasticaleconomics@geekdom.social)'s status on Sunday, 08-Dec-2024 07:01:28 JST Kyle Montanio

   All this rage against for-profit health insurance is awesome. We clearly see the damages it causes - people literally die - in the name of profit.

   But let's not let the anger stop there. The issue isn't in health insurance, it's all insurance.

   The only way to "complete" in insurance is to be better than others at denying claims. Insurance can never be provided efficiently, much less equitably, by private industries.

   #economics

   • Church of Jeff, mark and Mr. Bill repeated this.
   • Embed this notice
     KevinOnEarth (quantillion@mstdn.io)'s status on Sunday, 08-Dec-2024 07:01:27 JST KevinOnEarth

     in reply to

     @FantasticalEconomics
     Dunno who she is but it's succinct.

   • Embed this notice
     Kyle Montanio (fantasticaleconomics@geekdom.social)'s status on Monday, 09-Dec-2024 08:01:54 JST Kyle Montanio

     in reply to

     Great piece by JuliusGoat@mastodon.social:

     "According to reports, UnitedHealthcare denied more health coverage than any other provider, which made it more profitable, which made it more competitive, which means that it's more and more likely that more and more people will be denied medical care by other providers, and more and more people will be financially ruined...

     ... profits are the point of our health care system, and this is not controversial or shocking..."

     https://www.the-reframe.com/peaceful-solutions/