I'm trying to start a non-profit health insurance company. How does everyone feel about that? I'm not sure if it will really help anyone, perhaps it's just my romanticism that believes the system needs to be fixed. Well does it? Should it be better?
by 
larrymcjon
ANSWERS: 4
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I honestly wish you good luck. Insurance companies of all sorts needs lots of capital to get off the ground. And since yours is nonprofit and risky, I bet it'll be hard to find investors to back your company. I think the system is flawed. It should be better. I hope you can fix it but I'm not going to hold my breath.
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Best of luck to you, I hope that you succeed but I'm not sure how that would be entirely possible. I'm not sure the system needs to be 'fixed'. Socialized health care is nice, but it also has it's drawbacks. It's not a problem here for those who can afford insurance...the problem lies in those who cannot afford it.
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Good luck with that. Let me know if you succeed. I pay over $1,000.00 a month for Kaiser, a non profit org. So if it works, I'm there!!!!!
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Of course it's broken, when you have 40 million people who can't afford health insurance. We're witnessing the razor-coated tail of the dog named "capitalism is the answer", as it waves happily, celebrating the quarterly profits and extravagant bonuses of the haves, often had at the expense of the have-nots. While free markets have their advantages, and I wouldn't propose doing away with that economic force, the lack of balance is evident when one looks at problems like health care -- there really is no way to solve it without backing away from the worship of free markets and accepting that government is the only entity large enough and central enough to solve the resource-allocation problem. So I don't think a non-profit health insurance company will make any significant difference. What's needed is a new world view, one with less blind loyalty to economic theory and more practical concern for each and every person.
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