• Yardy Sardley@lemmy.ca
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    1 year ago

    Private insurance doesn’t even make sense.

    Insurance is essentially a bunch of folks each contributing a small amount of their excess resources to a pool so that nobody gets left behind in case of a disaster. It’s an inarguably collectivist idea. Private insurance just means there’s some fat business types skimming more than their fair share off the top because they “own the company”.

    Nevermind the fact that single-payer systems are mathematically more efficient.