No, they socialize the risk of becoming ill.
Are privatised health insurances in the USA shit right now?
Sure.
But as a European with nationalised healthcare let me tell you: we also have (heavily regulated) health insurances.
The alternatives is: every health problem is a potential cause of financial ruin.
Hold up. You’re a European with nationalized heathcare, and you’re saying criticizing US health insurance industry is some “libertarian bullshit”?
First of all - what the fuck are you talking about?
Second of all - how would you even know?
Tbf, the original image post just vaguely says “health insurance companies”. It doesn’t refer specifically to US health insurance, does it?