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Health Insurance is a Racket. What value do these companies add, really?


What value do these companies add, really?

A majority of Americans are covered by private insurers, either via employer-sponsored plans or, a smaller tranche, by individual policies, mostly purchased via Affordable Care Act exchanges: The big problem isn’t the political power of the insurance industry, although that’s nothing to sneeze at (and good luck getting your medical bills fully paid if you catch pneumonia.) So I’m not calling for an attempt to end private health insurance, although if Muskaswamy were serious about cutting government waste, overpayment for Medicare Advantage would be one of DOGE’s prime targets.

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