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Nearly 7 in 10 Americans Say Insurers' Greed Played Role in UnitedHealthcare CEO Killing | Common Dreams
(www.commondreams.org)
this post was submitted on 29 Dec 2024
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United States | News & Politics
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There's no disclosure that will matter. What would that be? That health insurance companies did their best to avoid paying out claims they knew to be legitimate? That they delayed coverage of medical produceres hoping the patient would just die before they had to pay? All of that is literally what they're supposed to do. That's their purpose. They maximized shareholder value by doing those things. Their CEOs got bonuses by doing those things.
Private for-profit insurance is inherently parasitic. Every dollar they earn in revenue is literally just inefficiency in health care spending, and they are directly incentized to maximize those dollars.
The health insurance industry itself needs to be destroyed, or at least shrunken massively. A huge number of Americans, even many who claim to want single-payer health insurance, will oppose political movement in that direction.