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Anonymous asked in Politics & GovernmentPolitics · 1 month ago

How do insurance companies add value to the American healthcare system?

Do they lower costs? Do they lead to better patient outcomes? Or more efficient tests? Do they result in more qualified clinical staff?


What benefit does the average American receive from their healthcare insurance company?

5 Answers

  • 1 month ago
    Favourite answer

    By  owning stock in an insurance company? 

  • ?
    Lv 5
    1 month ago

    They don't add value, they just add cost. Healthcare insurance companies are not in the healthcare business, they are in the money making business. They are the middle man between the healthcare provider and the consumer.

  • ?
    Lv 7
    1 month ago

    They do not, unless they are under the control of the U.S. Government. 

  • Anonymous
    1 month ago

    we benefit from being in a pool of people all paying in, then when one needs medical treatment the money for treatment comes from the pool rather than all from one person

    we get to choose different insurance options based on our expected and probable unexpected needs

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  • 1 month ago

    Well my insurance negotiates lowest price for treatments and scripts. even if it is a noncovered thing. I suppose government could do that also.

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