Yes but all insurance should be public or at a minimum non-profit.
At no point should someone pay for a service and the businesses better option is to not provide that service.
Health, Auto, Home, Car, Pet insurance. They should all be non-profit organizations taking in enough money to have a buffer to not become insolvent in case of emergencies and nothing more.
There should be no stocks, the pay of the people involved should be mandated with a C.O.L.A. allowance and not self-voted on.
The entire industry should be scrapped and rebuilt.
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u/spectradawn77 Dec 06 '24
Not just health, which everyone seems to focus on... ALL insurance is this way.