the entire healthcare profession was not for profit
Yeah I’m gonna need a source on this one because my knowledge of history points to this being entirely untrue outside of charity which… wasn’t exactly great care.
Comment on An insurance I don't love
AngryCommieKender@lemmy.world 1 week ago
NYT is lying. Prior to FDR the entire healthcare profession was not for profit. He and Nixon allowed for the privatization and profit extraction to be allowed.
Jax@sh.itjust.works 1 week ago
Doomsider@lemmy.world 1 week ago
You learn something new everyday.
"The US health insurance industry originated from a non-commercial plan founded during the Great Depression by a hospital in Dallas, Texas, seeking to shore-up its finances.45 That plan led to non-profit Blue Cross plans, which once dominated in most regions of the USA.45 However, in the mid-20th century, investor-owned insurers began outcompeting Blue Cross plans. "
www.sciencedirect.com/…/S0140673625016691
Hospitals were all pretty much non-profit and many are to this day. Many doctors did have private practices though.
Jax@sh.itjust.works 5 days ago
Thank you for the good information. I meant to say this yesterday but was distracted.
Hikermick@lemmy.world 1 week ago
Where does it say anything about being not for profit?