Quote:
Originally Posted by Captain Trips
How would it survive if we eliminated the insurance industries ability to gain some profit ?
I guess if they became bored rich people managing and shuffling around the money from for profit investment accts. to pay for care for the payees it might work. IF we could find enough rich people bored enough to volunteer for such jobs ?
Sounds crazy doesn't it ?
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Well, there's life insurance, car insurance, home insurance, etc. etc. Health insurance is only one of the types of insurance is what I meant. The insurance industry is huge and only a fraction of it is dependent on a privatized healthcare system.
I think if you limit it to HMO's then it's more realistic to say that a universal healthcare system would pretty much shut them down.
I don't see that as such a big deal. I don't see it as having a measurable impact on the overall economy.