> As for people getting sick and dying, they either don’t care, or they want people to get sick and die.
Healthcare providers and insurance companies are corporations too: you can get rich by treating more people.
Healthcare providers and insurance companies are corporations too: you can get rich by treating more people.
A firm's sole responsibility is to increase profit and a maximize returns for shareholders. [0]
It's a fixed percentage. That means the more expensive treatment gets, the higher they can raise rates, and the more revenue they get from that fixed percentage.
So they go buy the providers and clinics and pharmacies so they can raise the prices and juice that percentage.