--- title: "Meaning & Key Takeaway of: I basically believe the medical insurance…" description: "\"I basically believe the medical insurance industry should be nonprofit, not profit-making. There is no way a health reform plan will work when it is im..." image: "https://sms4smile.com/quotes/i/d22/dianne-feinstein-7476_believe_i-basically-believe-the-medical-insuranc_1421235.png" --- # I basically believe the medical insurance industry should… ![“I basically believe the medical insurance industry should be nonprofit, not profit-making. There is no way a health reform plan will work when it is implemented by an industry that seeks to return money to shareholders instead of using that money to provide health care.” quote by Dianne Feinstein](https://sms4smile.com/quotes/i/d22/dianne-feinstein-7476_believe_i-basically-believe-the-medical-insuranc_1421235.png) [Download](https://sms4smile.com/quotes/i/d22/dianne-feinstein-7476_believe_i-basically-believe-the-medical-insuranc_1421235.png) [Open image](https://sms4smile.com/quotes/i/d22/dianne-feinstein-7476_believe_i-basically-believe-the-medical-insuranc_1421235.png) > “I basically believe the medical insurance industry should be nonprofit, not profit-making. There is no way a health reform plan will work when it is implemented by an industry that seeks to return money to shareholders instead of using that money to provide health care.” [Dianne Feinstein](https://sms4smile.com/quotes/author/dianne-feinstein/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Health insurance should prioritize patient care over profit, as profit motives can undermine effective reform. **In simple terms:** Insurance should serve health, not shareholders. Key Takeaway Advocate for nonprofit health models. Themes healthcare policy ethics Mood critical motivational Type policy philosophical When to use this quote - legislative debates - insurance reform - public health initiatives Key Concepts profit motive patient care Questions to Reflect On - What alternatives balance profit and patient care? - How can accountability be ensured? A Different Perspective Profit can fund innovation and efficiency, complicating a blanket nonprofit view. ★ ★ ★ ★ ★ No ratings yet [Believe](https://sms4smile.com/quotes/about/believe/) [Care](https://sms4smile.com/quotes/about/care/) [Health](https://sms4smile.com/quotes/about/health/) [Health care](https://sms4smile.com/quotes/about/health-care/) [Health reform](https://sms4smile.com/quotes/about/health-reform/) [Industry](https://sms4smile.com/quotes/about/industry/) [Insurance Industry](https://sms4smile.com/quotes/about/insurance-industry-338687/) [Medical](https://sms4smile.com/quotes/about/medical/) [Medical insurance](https://sms4smile.com/quotes/about/medical-insurance/) [Nonprofits](https://sms4smile.com/quotes/about/nonprofits/) [Plans](https://sms4smile.com/quotes/about/plans/) [Profit](https://sms4smile.com/quotes/about/profit/) [Reform](https://sms4smile.com/quotes/about/reform/) [Reform Plan](https://sms4smile.com/quotes/about/reform-plan-3212851/) [Return](https://sms4smile.com/quotes/about/return/) [Shareholders](https://sms4smile.com/quotes/about/shareholders/) [Should](https://sms4smile.com/quotes/about/should/) [Way](https://sms4smile.com/quotes/about/way/) ## Related quotes > [Today we have a health insurance industry where the first and foremost goal is to maximize profits for shareholders and CEOs, not to cover…](https://sms4smile.com/quotes/dianne-feinstein/today-we-have-a-health-insurance-industry-where-the-first-and/) [Dianne Feinstein](https://sms4smile.com/quotes/author/dianne-feinstein/) > [Drawing on President Bush's reform plan, which would allow citizens to transfer part of their Social Security contributions into personal accounts, an alteration of…](https://sms4smile.com/quotes/anonymous/drawing-on-president-bush-s-reform-plan-which-would-allow-citizens-to/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [As Congress debates overhauling the nation's health care system, it should not authorize a reform plan that would further our financial woes. 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