Insurance is the perfect industry because in no other industry you can calculate efficiency this easily: if I give you 100, how much is used to reimburse other insuree. It turns out for public insurance, often more than 90, even in more corrupt countries, and for private insurance, often anywhere between 70 and 90.
Insurance is the perfect industry because in no other industry you can calculate efficiency this easily: if I give you 100, how much is used to reimburse other insuree. It turns out for public insurance, often more than 90, even in more corrupt countries, and for private insurance, often anywhere between 70 and 90.