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Joined 1 year ago
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Cake day: September 17th, 2025

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  • If it’s a publicly traded company, then they are obligated to pursue shareholder value above all else. If total revenue go down, shareholder value go down. They would see some pretty marginal gains because they’d still be able to lay off most employees, but they’d practically be cutting off both of their arms.

    They make their money by absolutely draining every working class American for every dollar they can afford. Most claims are handled automatically by computer, we do not need them to do that for us. The 5% of claims or so that are not automatically handled are given over to review by a pretty small group of people, we would not need 3 insurance companies to do that work nationwide.

    What you’re proposing is a form of universal healthcare where Americans continue to spend more than every other developed nation for similar outcomes as to what we already have.