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BALN5000 t1_jdz8tul wrote

Because they are for-profit corporations, whose holy grail is shareholder value and growth every fucking quarter.

Human wellbeing and care runs a distant second place.

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Drumbelgalf t1_jdzhlh4 wrote

Even for profit Companies can be regulated to ensure proper treatment.

And the question is why not found a non profit insurance company? That works in the favor of the insured person.

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gogogadgetrage t1_jdziz4c wrote

But let's also be honest. The health care providers are very frequently also for profit entities. Even if the institutions may be non profit they pay some very lucrative salaries to individuals who may be compensated for doing expensive procedures. The doctors are just as likely to be overly aggressive in their use of expensive procedures because that's how they get paid. In that sense there is some control needed.

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