News for hackers. Stuff that matters.
Re:ATMs didn't kill bank Teller jobs, but the iPhone did by kurthr on Thursday March 12, 2026 @05:28PM (#47357385)
You're implying that insurance companies will allow prices to fall and lower their profits. That seems like a really unlikely event in the current economy. They fire a lot of doctors and nurses, but they won't lower prices.
Re:ATMs didn't kill bank Teller jobs, but the iPhone did by xeromal on Thursday March 12, 2026 @05:36PM (#47357489)
This is assuming no competition materializes from the lowered friction
Re:ATMs didn't kill bank Teller jobs, but the iPhone did by skybrian on Thursday March 12, 2026 @05:39PM (#47357534)
The ACA requires 80-85% of health insurance to go toward medical care (medical loss ratio). The way they work around that is to figure out how to charge more for medical care.
Re:ATMs didn't kill bank Teller jobs, but the iPhone did by kurthr on Friday March 13, 2026 @03:00PM (#47368239)
Exactly my point.