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jimbokun 8 hours ago

It’s the doctors.

Insurance company profit margins are capped by law and if anything their incentives are to pay the hospitals less.

US physician salaries are astronomical compared to anywhere else in the world.

cpburns2009 7 hours ago | parent | next [-]

Profit margins are capped by percentage. That creates the perverse intensive for insurance companies to pursue ever increasing costs in order to increase profits.

ars 5 hours ago | parent [-]

You are forgetting about competition, increasing costs means directly increasing premiums, and higher premiums means lower business.

cpburns2009 14 minutes ago | parent [-]

What competition? When enrollment comes around or you switch jobs you get maybe two insurance providers to choose from.

christophilus 7 hours ago | parent | prev [-]

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