Why do we need health insurance companies?

Health insurance companies can't cure anyone, prevent any disease, develop new treatments or create better medicines. Yet they take a cut of your health care dollar, create endless paper, interfere with doctors and enrich shareholders. They can all be replaced by software. Tell me why health insurance... show more Health insurance companies can't cure anyone, prevent any disease, develop new treatments or create better medicines. Yet they take a cut of your health care dollar, create endless paper, interfere with doctors and enrich shareholders. They can all be replaced by software.

Tell me why health insurance companies should exist.
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