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fujiyamasan

(827 posts)
4. Yes, the country basically allowed health insurance companies grow
Thu Sep 18, 2025, 11:43 PM
Sep 18

To where they’re perceived to be too big to fail. Just look at United healthcare. It has a market cap of over $300 billion. Even after all the bad practices, it got a huge investment from Berkshire because its cash flow is still so insane and it was still seen as having a lot of “value”. What that value is to either the doctor or the patient, I have no idea, but the monstrosity makes a lot of money.

The closest we got to anything resembling universal healthcare during the Obama care negotiations was the public option which was shot down by Lieberman and Baucus, both receiving a lot of money from healthcare and pharmaceutical companies.

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