This was a workman’s comp insurance CEO not a US healthcare CEO. The difference is unlike healthcare insurers, workman’s comp isn’t paid into by the victim and they actually provide some benefit at least in theory.
Except if you ask anyone that’s ever had to deal with workers comp its always too little too late and a mountain of bullshit. Workers comp is arguably even worse than normal health insurance companies to deal with.
Workman’s comp isn’t just covering hospital bills, it also covers lost wages while recovering or retaining if you can’t go back to your old profession.
This was a workman’s comp insurance CEO not a US healthcare CEO. The difference is unlike healthcare insurers, workman’s comp isn’t paid into by the victim and they actually provide some benefit at least in theory.
Except if you ask anyone that’s ever had to deal with workers comp its always too little too late and a mountain of bullshit. Workers comp is arguably even worse than normal health insurance companies to deal with.
When my mom needed workers comp they had her do x-rays six months later then tried to say it was a six month old preexisting condition.
Again in theiry the difference is workman’s comp still provides a service whereas other than rent seeking I am not sure what us health insurers do.
In theory regular insurance provides the same benefits as worker’s comp and the cost of both come out of paychecks one way or the other.
Worker’s comp is just insurance with even more steps.
Workman’s comp wouldn’t be necessary if we had universal healthcare.
Workman’s comp isn’t just covering hospital bills, it also covers lost wages while recovering or retaining if you can’t go back to your old profession.