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A comment on Leaked Scripps records reveal automated mark-ups for hospital care. Parent comment

Re:Leaked Scripps records reveal automated mark-ups for hosp... by huitzitziltzin on Friday December 10, 2021 @02:56PM (#29514736)
Administrative fees =/= “profit”. That is wrong.

Administrative fees include profit, but also salaries, IT expenses, whatever other costs it takes to actually run an insurer.

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Re:Leaked Scripps records reveal automated mark-ups for hosp... by s1artibartfast on Friday December 10, 2021 @08:07PM (#29517412)
Is the rest correct?

That is to say, there is an incentive for higher overall insurance spend, because it allows for higher admin fees (including profit)

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