America’s Largest Health Insurer Is Giving Apartments to Homeless People

Re:America’s Largest Health Insurer Is Giving Apartments to ... by licebmi__at__ on Friday November 08, 2019 @11:02AM (#21483473)

Except, this not a move in any direction. Leaving people living in the streets have been profitable so we left people living in the streets, now is more profitable to provide housing, if tomorrow is no longer profitable to leave them on the streets again, we will do so, because we maintained the same posture of just chasing profit.

And despite what GP might think, I welcome this as a nice way to ease people suffering, and I don't think "all corporations are evil". I just believe that people having a roof should not be tied to profit, and I disagree with the ideology pushed to our throats about how corporations chasing profit is good for everyone.

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Re:America’s Largest Health Insurer Is Giving Apartments to ... by AlphaSite on Friday November 08, 2019 @12:31PM (#21484539)

I mean even here it’s only profitable to provide housing for the most expensive people. They deliberately only Provide housing for people who cost >=2.5x mean because otherwise it’s not cost effective for them.

Even if long term it will get them off the streets, and potentially lower costs, the short term incentives don’t align.

[ Parent | on HN ]