HappySqurriel said:
I still don’t understand why people fixate on the insurance companies as being the reason why American healthcare is so expensive. Life insurance, home insurance, auto insurance, and the countless forms of insurance that people and companies buy on a day to day basis is affordable with similar profit margins for the companies; and the primary difference between other insurance and healthcare insurance is how healthcare insurance is mandated to operate. Imagine what would happen to auto insurance if it was (almost) always purchased in group plans with little or no consideration for the driving record of individuals.. If you want to make the system more affordable, have companies pay health benefits into an account where individuals can buy individual benefits |
That is a very bad idea. If you are reckless driver, its primarily your own fault for driving to fast and ignoring traffic laws. If for whatever reason you cant afford car insurance, then you'll have to find other means of transportation which, though it may be an inconvienence, wont ruin your life.
Lets think about individual health, you could essentially afford health insurance until you need it. If you are a healthy individual and to no fault of your own you experience a grave illness, then the insurance company drastically increases your price (because you are a risky investment now) and you cant afford insurance. I cant imagine how horrible that would be where everyone that needed health insurance couldnt afford it, almost everyone would be one accident or illness away from financial ruin, not to mention the problem with retired seniors trying to buy health insurance.
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