> There is no legitimate reason for healthcare prices to be so insane.
these profit margins are why some people claim that the US is actually subsidizing the rest of the world's low cost health outcomes.
These companies make money in the US, at high margins, which enables them to operate at low margins in other more regulated countries.
Re:Is the World Becoming Uninsurable?
by tsimionescu on Friday January 17, 2025 @01:19AM
(#42734614)
This might apply to Pharma, which actually operates in international markets, but not to US health insurers, PBMs, or for-profit Healthcare providers.
>Health Insurance IS a huge racket. Insurance profits are only a small slice. Executive compensation isn't part of profits.
"Executive compensation" is even a "smaller slice" than profits, orders of magnitude smaller.
You have to look at the entire healthcare picture and realize that insurance is the system driving the exorbitant costs. There is no legitimate reason for healthcare prices to be so insane.