Until we can do something about provider charges, medical debt will increase. But, the government or an insurance company can't tell a provider what to charge, just what they are willing to pay. As a result, those people that don't have insurance or are covered by some government program face ENORMOUS medical bills.
#3 | Posted by FedUpWithPols at 2025-11-28 06:12 AM | Flag: GOP War on Obamacare and Universal Healthcare for Americans
One AI snapshot:
"The for-profit health insurance system is one of the most profitable industries in the US.
Key Points:
Profit Margins: Health insurance companies, especially large ones like UnitedHealth Group, Anthem, and Aetna, consistently report profit margins of 3-6% on revenue, but their net income in absolute dollars is massive, often tens of billions annually.
Revenue Scale: The industry generates over $1 trillion in revenue per year, with the top insurers making $20-30 billion in net profit annually."
Dr. Mehmet Oz owns healthcare industry stocks in the same companies he oversees in the Trumpf junta.
The US leads the world in people declaring 'medical bankruptcy," a concept unheard of in other modern industrialized countries.
This is why the Republicans don't want universal healthcare or vaccinations for Americans. Our illnesses or gunshot injuries create medical bills, leading to debt and re-possession opportunities.
