I don’t understand what this means. A group of doctors get together and open a business offering their services, and they distribute profits into their bank accounts. Or a dentist, or an optometrist, or a podiatrist.
Why would 99% of people do this work if they cannot profit?
> A decent compromise is what most countries do, which is that citizens pay a fixed sum for health insurance which covers most of the basic expenses.
That is just health insurance with $0 deductible/copays. Some US employers do offer this, and some even pay 100% of the premiums.
But these plans don’t sell well to the broader public, because most people would prefer (or can only afford) a lower premium and accept the volatility of having to spend a few hundred or a few thousand before insurance kicks in.
In some (many?) countries the options for private healthcare are limited (by design) and public healthcare takes care of people. Not in USA though. :) It has its pros and cons, but to be honest, neither system works very well. I would pick a public one anytime, but maybe it's just because I know it.
> Why would 99% of people do this work if they cannot profit?
They do profit, and should - they get a paycheck for their work.
I don’t understand what this means. A group of doctors get together and open a business offering their services, and they distribute profits into their bank accounts. Or a dentist, or an optometrist, or a podiatrist.
Why would 99% of people do this work if they cannot profit?
> A decent compromise is what most countries do, which is that citizens pay a fixed sum for health insurance which covers most of the basic expenses.
That is just health insurance with $0 deductible/copays. Some US employers do offer this, and some even pay 100% of the premiums.
But these plans don’t sell well to the broader public, because most people would prefer (or can only afford) a lower premium and accept the volatility of having to spend a few hundred or a few thousand before insurance kicks in.