31835843
Joined 4 years ago
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Joined 4 years ago
Why are profit margins only 5%? Could be many reasons, including collusion. Insurance companies have teams of lawyers whose job it is to navigate existing regulation, lobby for new ones and to push for ones that hurt competition.
Given how shady and complex the entire industry is, we don’t really have a reason to believe that 5% is an accurate number.
Which, come to think of it, is itself a distinct value: compromise of free expression for money.
You have a good point here.
Years ago I would have rolled my eyes at this comment. As someone who is liberal and runs in liberal circles, it seems ludicrous to me that any sane person would get called out for anything not overtly racist or mean spirited.
Then one time I asked in a group chat — with people I thought were my friends — about where I could read about trans kids getting hormone blockers, because I wasn’t really sure about giving kids (who generally don’t know what they want) the kinds of drugs that alter their bodies.
The rebuke I got was swift and severe. For reference… I’m a mid-30s gay man who lives in the Bay Area, and I wasn’t even expressing an opinion.
Yeah; I’m out.