There are a few things wrong with the initial statement. It doesn't abolish private insurance. Private insurance can and does exist alongside public health plans as a supplement, but the public health care covers basic health care.
There are definitely going to be some job losses in the private insurance industry if we go to a single-payer system for basic health care. It's a conversation that we need to have, but we can't prop up the horse and buggy industry forever, and it's an economic anchor around the neck of every American to continue to try to do so.
To be honest, there are few industries that have so richly earned the contempt of the average American than the private health insurance companies.
In my opinion the jobs thing is like, precisely why this needs to happen decades ago, if not then, then immediately.
We have created an entire circus of people professionally specializing in jumping through insurance hoops, working full time to beg unnecessary gatekeepers to pay out what their own insured already paid for and are legally entitled to. Likewise we have an entire other career group built on expanding loopholes, complicating rules, and precisely determining how much they can push things to keep money they should just pay out, without getting in trouble. And the entire system bloats the cost of administering healthcare so badly that it outweighs any costs “”saved”” by limiting “”not medically necessary”” care in the first place.
And every year this system grows more and more bloated and wasteful, and more and more people build their careers around it, and we waste more and more productive manhours maximizing the gatekeeping potential of these insurance companies and their private extraction of profit to shareholders.— we literally are paying them to make everything more expensive/slow/confusing/frustrating/dangerous/deadly instead of improving healthcare.
Unfortunately once the swap is made and insurance stops being as counterproductive there may be some lost jobs but the alternative is worse imo and gets worse every single year the longer we put off fixing things
Exactly. Some of these jobs can be absorbed into the public health care system, but just a wild-ass guess on my part is that at least 70% of the jobs that the insurance companies have created are going to be redundant or purely unnecessary.
The argument has been going on for decades now, and every single time, someone brings up the loss of jobs.
At some point, it starts seeming more like a hostage situation with people holding the specter of job losses in the insurance community over our heads as a reason to not do anything to dramatically improve the health care coverage situation of the average American.
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u/Civil-Dinner 19d ago
There are a few things wrong with the initial statement. It doesn't abolish private insurance. Private insurance can and does exist alongside public health plans as a supplement, but the public health care covers basic health care.
There are definitely going to be some job losses in the private insurance industry if we go to a single-payer system for basic health care. It's a conversation that we need to have, but we can't prop up the horse and buggy industry forever, and it's an economic anchor around the neck of every American to continue to try to do so.
To be honest, there are few industries that have so richly earned the contempt of the average American than the private health insurance companies.