How mandatory private health insurance benefits the healthcare provider firms?
Just read it in a newspaper but couldn’t comprehend the reason behind it
It brings more people into the group of customers who are paid clients. Remember, the insurance company is the client. If you are a hospital, you would want the majority of your client base under managed care plans.
so if the insurance company has a bigger customer base, that would ultimately benefit the hospital, that the point right?
^Basically.
Thank you 