It's crowdfunded insurance. Because actual insurance fails.
this post was submitted on 15 Dec 2024
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Whi is the failure of actual insurance not seen as criminal contractual fraud?
Because they write the contracts on the policies VERY carefully such that it’s NOT a breach of contract. There are armies of lawyers whose job it is to make that a thing. It’s 100% legal and above board.
Also, lobbying.
Also also, regulatory capture.
Also also also, profit über alles 🫡
Actual insurance is crowdfunded as well depending on how you look at it. The premiums provide the funds for claim payment, the profit is pulled from that by denying as many claims as possible.
Actual insurance could work if it was handled by a nonprofit. Or, you know, the government.
That's just universal healthcare with extra steps!
So what they're saying is that GoFundMe has a financial incentive to help maintain the healthcare industrial complex as-is. Got it.
CEO wouldn't be announcing this if he didn't want it to change. They can always fundraise some other thing.
Haha and another third are probably legal fee based. And yet they pull Luigi off it
Was expecting this again. Still relevant.
I'm glad someone beat me to posting this. Brennen is the best.
I am surprised it is that low.
Maybe it’s time for everyone to cancel insurance and just use go fund me as a giant healthcare pot for all
https://en.wikipedia.org/wiki/Friendly_society
edit: also maybe don't rely on yet another large corporation to keep your best interests in mind
They pulled the funding for concrete action on this matter.
Solving the problem would cut into their bottom line.
Ah yes, the nations largest healthcare provider.
Luigi Mangione meets the CEO of Gofundme, gives him a hug and a cookie.