I don’t know, but here’s something they don’t have in common that I find interesting.
With airlines, corporations tend to pay more to fly. I’ve always suspected that the higher airfares paid by corporations are what enable airlines to charge “so little” to fly as an individual. Essentially, I’ve felt that corporations subsidize personal airline travel.
However the business of medical insurance seems to be the opposite. Corporations negotiate with medical insurance companies who end up paying just a fraction of a medical procedure’s cost. In doing so doctors and hospitals raise their prices to offset the tiny percentage insurance companies pay. In doing so, they totally price individuals without insurance out of the market.
Just some food for thought. Even while I was writing this, there were a bunch of things that came to mind about the structure of these businesses that creates an environment for these differences. I find thinking about things like this gives me insight into my own business, and that of my customers.