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re: What’s the point of medical insurance?
Posted on 6/22/22 at 11:39 am to WildTchoupitoulas
Posted on 6/22/22 at 11:39 am to WildTchoupitoulas
quote:
how does that work?
In a free market, the costs of everything are known up front. A Samsung 50" TV is roughly the same price from Miami to Seattle. There are consumer protections for price gouging and poor actors would lose business.
quote:
What's the demand for good health?
My company pays me for my gym membership. They also penalize those that still use tobacco. Again, in a free market, there would be incentives for good health.
I'm a big fan of HSA's. Make the consumer PAY for procedures under $5K. It forces them to shop and cost compare.
2
Posted on 6/22/22 at 11:41 am to Aubie Spr96
If I owned a company that paid health insurance, a gym membership and annual checkup would be mandatory.
Still one of the more amazing things about COVID was shutting down Gyms and keeping McDonalds and Taco Bells open.
Still one of the more amazing things about COVID was shutting down Gyms and keeping McDonalds and Taco Bells open.
Posted on 6/22/22 at 12:33 pm to Aubie Spr96
quote:
I'm a big fan of HSA's
Me too.
Isn’t it silly that the maximum contribution to an HSA is less than the maximum out of pocket expense for an individual or family?
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