Quote:
Originally Posted by neg3sd
This article explains how health insurance isn't really insurance. I'm not going to solve the health cost problems of the U.S. I only know what doesn't work. I favor catastrophe insurance for healthcare. For smaller items(under $10K per year) just pay out of pocket.?
The only problem with this is that $10K is still enough to bankrupt much of the country and they would be no better off than they are today. So, we would still have emergency rooms footing the bill for the first $10k.
Family of 4 struggling to reach the poverty line, Dad is between jobs and breaks his arm? Now they are full welfare, full food stamps, credit ruined, etc.