Reduced short term costs. Vaccines aren’t free and operate on a fairly slim profit margin.
More customers in higher profit services. Emergency, surgical and palliative care have significantly higher profits especially since chargemasters are largely given a blank check on which to write the charges on.
“But surely this is bad for the insurance industry who will push against this.” Nope! The biggest obstacle to them raising rates is that to avoid any legal pushback there needs to be something to point at for why their costs increase. Insurance rates will, and currently are, going to rise significantly faster than any payouts.
This isn’t some “Alex jones conspiracy” it’s the entirely predictable outcome of a privatized healthcare system and is only going to get worse. The Alex Jones types are taking advantage of the crisis by selling snake oil cures for it, but they aren’t a primary driver of the problem.
Reduced short term costs. Vaccines aren’t free and operate on a fairly slim profit margin.
More customers in higher profit services. Emergency, surgical and palliative care have significantly higher profits especially since chargemasters are largely given a blank check on which to write the charges on.
“But surely this is bad for the insurance industry who will push against this.” Nope! The biggest obstacle to them raising rates is that to avoid any legal pushback there needs to be something to point at for why their costs increase. Insurance rates will, and currently are, going to rise significantly faster than any payouts.
This isn’t some “Alex jones conspiracy” it’s the entirely predictable outcome of a privatized healthcare system and is only going to get worse. The Alex Jones types are taking advantage of the crisis by selling snake oil cures for it, but they aren’t a primary driver of the problem.