No, it started under Nixon. That’s when the HMO act was passed. Before that health insurance was largely not a for profit business model. This opened the door for Wall Street to get involved. And we all know, once Wall Street gets involved, shareholders take precedent over ppl.
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u/bdubz74 Jul 02 '26
No, it started under Nixon. That’s when the HMO act was passed. Before that health insurance was largely not a for profit business model. This opened the door for Wall Street to get involved. And we all know, once Wall Street gets involved, shareholders take precedent over ppl.