In the company’s first earnings call since the fatal shooting of Brian Thompson, Group CEO Andrew Witty acknowledges shortcomings of the U.S. health care landscape.
The concept of insurance makes sense - pooling risk so that everyone can share a little pain all the time, so that unlikely but catastrophic events don’t wipe individuals out. Making this arrangement for-profit is asinine.
US health insurers literally offer zero social benefit. They should not exist as the entire industry in harmful rent seeking.
The concept of insurance makes sense - pooling risk so that everyone can share a little pain all the time, so that unlikely but catastrophic events don’t wipe individuals out. Making this arrangement for-profit is asinine.