Original barter/trade for service/goods => me <-> you. Modern world => me <-> gawd knows how many levels of profit scraping adding zero value to product/service <-> you
CORRECT. My University non for profit hospital is now being managed by a for profit organization and many decisions are based upon money but not as far as the quality of doctors and nursing care is concerned
Not really, properly utilized insurance is just a hedge against misfortune. There's no reason it needs to be for profit though, and it should absolutely be illegal to invest in insurance as it creates no value.
No matter what insurance, first they’ll try to weasel out of coughing up for a claim on any technicality and usually, the have some obscure small print that always works in their favour.
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