Health insurance at its core is very simple. You put money in, you go to doctor, insurance pay doctor. But in the USA, the insurance denies everything they possibly can. Money put in doesn’t ever see a doctor or your health costs, it goes right to the stockholders…
So why doesn’t someone just make a non-profit health insurance company where there’s no stock, no executives, just public servants and aggressive price negotiation where your medical bills are actually paid with the money put in?
Yep, and it’s not like it’s just cheaper, benefits packages are tied into compensation.
Say you pay $400, insurance says the real price is $800, and your employer only pays another $200 as a “discount” but the real cost is actually $600. But turn down coverage, you don’t get that $200 in extra pay.
Without an employer, you have to pay the whole $800.
With a co-op you’d pay the actual real cost of $600.
It needs a critical mass of people.
And OP doesn’t understand a non profit still has a CEO that can be paid millions. The organization can’t make a profit, but lots of corrupt people make a lot of money running non profits.
It is over $1000 per moth for me that I’m turning away. there is just no way anyone can compete with that. much as I don’t like my insurance my costs must go up by a lot if I skip my companies insurance.
Yeah. I was just making up numbers for illustrative purposes.
As much as people shit on the VA, they’ve been my healthcare provider for over a decade and I just legitimately don’t know what numbers look like anymore.
It’s not perfect, but it’s a hell of a lot better than the majority have to deal with