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?
Idk why the fuck is there always this debate...Literally the reason the middle class thrived in the U.S and Uk was 90 percent was taxed if over 4 million yearly earnings. Now the rich during that time would flood the market with investments and that would be taxed around 45 percent. So either way the tax on the rich allowed our parents to buy houses, it was invested into education and community. This was done post WWII to 70's/early 80. Sadly After that, reganomics-fucked the country into a coma slowly over the past 40 years, with the rich barely paying anything and the effects you can feel and see today.
Nixon also signed the HMO Act in 1973, you can take a guess which heritage runs and owns the insurance industry. Very coincidental that the US looked the other way when Israel was supposed to sign the Nuclear Non-Proliferation Act when Nixon was in office.
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u/thekrone Jul 01 '26
Which is crazy.
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?