you did not save any money for the insurance because that discount is negotiated. they don’t actually pay the $40. They contract with the drug supplier to raise their “full” price and then discount it for the insurance customers so they look like the insurance is providing value.
you did not save any money for the insurance because that discount is negotiated. they don’t actually pay the $40. They contract with the drug supplier to raise their “full” price and then discount it for the insurance customers so they look like the insurance is providing value.
This. Insurance is incentivised to make everything as expensive as possible.
So it’s more like a tax for not having insurance then.
I would call it more a racket than a tax but thats just semantics.