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Originally posted by Rangsk
I disagree. A nonprofit organization has no real incentives and tends to be slow and unreliable. I want my health insurance company fighting to keep my business.
Think of this this way - why isn't there a non-profit health-insurance company? I mean, think of it - it could have the lowest prices by far, since it wasn't trying to make a profit. People would donate to it in order to write it off their taxes, and so the cost would be subsidized even more. Everyone would flock to it! So, why doesn't it exist? Because it won't work, that's why. It will be slow, ineffective, behind the times, and untrustworthy. I'll stick with my "money-grubbing" insurance companies, thanks.
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Actually, there is. I'm typing this from my office.at said company. We're 501 (c)3 non-profit. We provide healthcare to those individuals who work but either their company doesn't offer health insurance, or they can't afford it.
We're supported completely by donations ,grants and volunteers.. We take no state or federal money. There are over 400 doctors that volunteer their services along with every area hospital.
We have 5 physicians on staff at our clinic and they see about 30,000 patients a year.
Doctors offices, clinics, health centers and drug companies donate medication so that we have a fully stocked dispensary where we can provide patients with required medicines at little or no cost.
Oh, and we've been open for 15 years.