If everyone just said fuck it and stopped paying their insurance, it would crash not just those companies, but domino into taking out the entire stock market.
Like, these companies are worth so much, and they invest in others and people invest in them. If their entire revenue stream is stopped at once that’s it.
Which makes it kind of a nuclear option, one I’ve intentionally not mentioned and haven’t seen anyone else either.
But the day may be coming
Corporations mainly pay for health insurance. Imagine employee’s reactions being told they were getting cut off. Not going to happen.
If the employee cancels their plan, the corp ain’t going to keep paying.
I don’t know why someone would read my comment and imagine I meant corporations should cancel their employees insurance…
But I think that’s what happened here
When someone stops paying their insurance, they stop getting healthcare. Most people don’t want that.
It’s kind of like saying “If everyone said fuck it and set their car on fire, then oil companies would suffer”. Yes, but they aren’t the only ones who would suffer.
When someone stops paying their insurance, they stop getting healthcare.
When people pay their insurance, they don’t get healthcare either.
No, they generally do get health care. In fact, most insured adults give their health insurance an overall rating of “excellent” or “good”, even if they are in poor health.
It’s true that there are horror stories, but those are not the majority.
Surely people will have better access to health care once the system has “crashed”!
Well, the people who survive can rebuild it as they see fit, anyway.
I have no reason to think that the general public will suddenly be more organized than the surviving oligarchs.
Which is exactly why we’ll never have single payer: It would crash the economy and put millions out of work.
Downvote me all you want but it’s the exact reason Obama gave for not pushing single payer
I’m not sure how that puts people out of work? Still need people to process the claims, they would just work for the government vs the company. Which for them would probably be better long term getting federal benefits and retirement.
I always figured a great deal of those people would move to government work. They already have the expertise.
The problem is that there are large parts of those companies that are replicated multiple times that would be made redundant.
Each company has an IT department, legal department, marketing department, and claims department, among a lot else. Most of those would be redundant or unnecessary in a single payer system.
Part of the reason single payer is more cost effective is eliminating administrative overhead. And “administrative overhead “ is code for jobs.
For the same reason not paying our insurance will crash the economy: Big parts of it would go out of business.
I’m not suggesting you’re wrong, but isn’t there an obvious inefficiency here that reduces the standard of care provided?
Like if a national healthcare system doubles the number of administrators involved, there will be less money available for actual health stuff.
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Privatize ALL the health insurance companies.
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Reduce inefficiencies (fire all the parasites that don’t do actual work, like the CEO’s, etc)
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Continue operations as normal, but now with 100% guaranteed claim coverage.
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Over time, phase out the need for people to “deal with insurance” at all and make the whole thing transparent.
