The nation's biggest health insurance company is worth $520.1 billion after losing 7.5% of its value The post UnitedHealthcare Value Drops $41.6 Billion in Week After CEO Brian Thompson’s Slaying appeared first on TheWrap.
Usually, things handled by governments suck in orthogonal ways to private companies. Private companies suck due to greed. State owned stuff sucks due to incompetence.
Where I live, we have a state owned insurance company, but others are allowed to compete with it. Optimistically, they competing with each other making all of them better. Pessimistically, you choose the one that sucks least from your point of view. Either way, better than any proposed alternative.
Usually, things handled by governments suck in orthogonal ways to private companies. Private companies suck due to greed. State owned stuff sucks due to incompetence.
Where I live, we have a state owned insurance company, but others are allowed to compete with it. Optimistically, they competing with each other making all of them better. Pessimistically, you choose the one that sucks least from your point of view. Either way, better than any proposed alternative.
Right. Because healthcare in other countries like Canada, the UK, and European countries are so terribly run compared to US healthcare.
So you are afraid of it being too good? Sure, most countries are better than the US…
I am literally explaining how it works in some European countries.
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