alt Hacker NewsAmazing, every single dollar goes to care! Not a single dollar to overhead! Where are these insurance companies' profit margins coming from? How do they even pay their executives' salaries? Boy have I been mistaken about how inefficient the American system is
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asmodeuslucifer • today at 3:46 PM
Beat me to it. This chart is only 1/2 complete. It doesn't show where the money goes after hospital care, for instance.
> How do they even pay their executives' salaries?
I suspect less goes to executives than you think. Most of it is going to pay employees in the insurance industry.
The irony is that they are being paid to say "no." Perhaps if they instead went to work as service providers, we could get more services for what we spend.