2024-12-09 02:02:23
It was not illegal to profit off healthcare before 1973. OP is likely referring to the Health Maintenance Organization Act, signed by President Nixon. Multiple companies, including Cigna, were already profiting off health insurance prior to this. [Link][Link] NEEDS_MORE_RATINGS(2-2-3) Author
2024-12-09 05:38:29
NNN The post specifically says "profiteering", not "profiting" While profit was legal and common in healthcare before 1973, the Health Maintenance Organization Act of 1973 allowed for the creation of HMOs, with costs more in line with profiteering that was not possible pre-1973. NEEDS_MORE_RATINGS(2-1-1) Author