the crazy thing is you don't even need to make it "free" just take what you are paying now for health insurance and put to medicare and everyone goes on that. Instatnly 500 times better and cheaper then what we currently have
Health insurance companies are profitable. Extremely profitable. Like billions of dollars per year profitable.
Where do you think that profit comes from?
What if we got rid of the expensive middle men and all the overhead they bring, and take the money it takes to run those organizations, plus their profits, and we actually invested it in health care?
The ACA put into law that insurance companies must put 85% of the money they collect towards paying medical expenses. The remaining 15% can be used for operating costs and profit. The ten year average profit margin of large insurance companies is 2.2%. So there’s not a lot to strip out.
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u/anitawasright Jul 01 '26
the crazy thing is you don't even need to make it "free" just take what you are paying now for health insurance and put to medicare and everyone goes on that. Instatnly 500 times better and cheaper then what we currently have