"In the beginning, these structures are established to serve a specific purpose, like making a company more profitable, but over time they respond to incentives that create divergent interests. "
100% true but isn't it sad how rotten it makes humanity become? amazing piece!
During Covid, private health insurance companies cancelled all elective surgeries for about 6 months, saving themselves billions. But do you think premiums were refunded?
"In the beginning, these structures are established to serve a specific purpose, like making a company more profitable, but over time they respond to incentives that create divergent interests. "
100% true but isn't it sad how rotten it makes humanity become? amazing piece!
Excellent article.
During Covid, private health insurance companies cancelled all elective surgeries for about 6 months, saving themselves billions. But do you think premiums were refunded?
We literally paid an arm and leg for nothing.
All so true