A death panel fully acknowledges that the patient will die if they decide not to treat, and consider that against the possibility of saving more lives with the limited resources allocated to them. An insurance company pretends the patient doesn’t really need the expensive treatment that doctors have determined is crucial to save their lives, and the money saved doesn’t go into treating other people - it goes into profit.
A death panel fully acknowledges that the patient will die if they decide not to treat, and consider that against the possibility of saving more lives with the limited resources allocated to them. An insurance company pretends the patient doesn’t really need the expensive treatment that doctors have determined is crucial to save their lives, and the money saved doesn’t go into treating other people - it goes into profit.