Comment on America is so great we privatized taxes

average650@lemmy.world ⁨1⁩ ⁨year⁩ ago

• TropicalDingdong@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Health insurance shouldnt be health insurance.

  It should just be health care.

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  • average650@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Absolutely agree.

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    • TheDarkKnight@lemmy.world ⁨1⁩ ⁨year⁩ ago

      And to your point, traditional insurance (home, auto, etc) pretty much targets a specific profit margin of about 3% or $0.03 for every dollar they take in. They tend to get eaten alive by competition when they get greedy, unlike a lot of other industries. But rates increase as costs increase ro maintain that 3% target…and costs have increased a LOT in recent years.

      It’s a pretty misunderstood industry tbh, and not without its own issues for sure. But overall it has its purpose and is heavily regulated to ensure they’re playing responsibly.

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      • average650@lemmy.world ⁨1⁩ ⁨year⁩ ago

        I basically agree. Those are actually insurance, and serve a purpose. Health “Insurance” isn’t insurance at all really…

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