Different business based on differ things. One is making a profit off of betting on you staying well and often dumping you when you get sick or at best try to cut costs by deigning service one might need or fight you till you die and never pay off. The other in my case storage is renting a place to store the junk people have accumulated and now need to store it some where else do to their limited place. Now I have no problem with some insurances such as life, car, homeowners etc. However if you take the profit motive out of health care the costs come down as Medicare, VA etc are cheaper costs with better results than for profit insurance. That is my whole problem with Obamacare as it just made some rules for the for profit insurance companies but still let them burn you with costs. I would of been more for paying a % of income for Medicare type insurance for all. I have to laugh when I hear Obamacare is socialism as it isn't even close. Insurance companies still privately owned, doctors are self employed, hospitals still make a profit etc.
So nothing wrong with making a profit but not on someone suffering because of it either.
The medical industry does not make a profit on people suffering. It makes a profit by reducing that suffering. There is no difference between youhouse being rebuilt or your heart because you bought homeowners insurance or heath insurance. None.
The difference of Obamacare is that you
must buy insurance. And now that it is defined as a tax it is entirely government controled and admisnitered, even if it use private entities.
For instance the military is government controled but uses private contractors.
The other difference of Obamacare is that the entire industry is regulated, includingwhat may or may not be required coverage. If it is not socialism, and I'll grant you, by definition it isn't, then it is Facism. Or Corporatism.
Whatever it is, it is loss of individual freedom. Which is always theresult of the provision of
postive rights. Positive rights exist in monarchies, dictatorships, communisms and despot governments. All as a matter of structure because the government owns all and provides all.
Not supposed to be so in Democratic Republics.
Positive rights are the foundation of socialistic governence. Hence the comparison ofthe program to socialism.
Call it by want ever label you want, it isn't what We the People first agreed to in the original covenants. Fact of life,,,the original covenant did not include one single positive right. Not one.