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A comment on Student Loans a Lot Like the Subprime Mortgage Debacle, Watchdog Says. Parent comment

Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by adventskalender on Wednesday December 11, 2019 @08:20AM (#21762059)
" So the average taxpayer has to buy their own health insurance in addition."

How the money is collected is pretty irrelevant (indirectly via taxes or directly by the insurance company or physician). What matters is the overall cost.

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Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by afarrell on Wednesday December 11, 2019 @12:09PM (#21764447)
It is relevant due to the complexity and uncertainty imposed. When I lived in the US, I didn't have a way of learning how much an interaction with a medical system would cost me. Now that I live in the UK, I do.
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Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by pnutjam on Wednesday December 11, 2019 @09:20AM (#21762526)
Don't forget profit, and the incentive for insurance companies to care less about what they pay and probably prefer higher prices.
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Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by adventskalender on Wednesday December 11, 2019 @10:08AM (#21763029)
Why would insurance companies prefer higher prices?
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Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by pnutjam on Wednesday December 11, 2019 @04:31PM (#21767000)
Their profit is capped at a percentage of payouts. Pay more keep more profits (after raising rates).
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