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A comment on It's Gotten Too Hard to Strike It Rich in America. Parent comment

Re:It's Gotten Too Hard to Strike It Rich in America by wolco on Wednesday August 14, 2019 @06:08PM (#20700521)
You trade that capital for increased jobs and profit. There is a health admin layer that exists that creates roles strictly to deal with insurance. There are insurance divisions that couldn't exist if insurance wasn't required with each transaction.
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Re:It's Gotten Too Hard to Strike It Rich in America by spiralx on Wednesday August 14, 2019 @09:14PM (#20701719)
Most countries with universal coverage operate on some kind of insurance model, many with private providers, yet don't spend as much as the US does. Insurance companies are a factor in American health care costs but they're not the sole reason.
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