this post was submitted on 02 Jun 2024
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Profit motive creates competition, which is healthy for markets. One entity in charge of something has no reason to improve since it has a monopoly on that service
Yes profit motive has done wonders for the health care industry, we spend more tax payer money than any other developed nation for much worse results. But hay, the 200 insurance companies competing for tax payer money and not consumer heathcare access is so good!!!
It's not, I'm being sarcastic, privatization of public services and goods is fascism, and like all fascist ideas or It's really only good at speed running the collapse of your economy, military, and govenment.
I didn't buy healthcare because I live abroad. If I ever get seriously sick I can move to the States and the insurance can't refuse my pre-existing condition. Thank you, government regulation for letting me skip insurance payments and only have travel insurance for accidents