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re: What’s the point of medical insurance?
Posted on 6/22/22 at 11:42 am to lsu13lsu
Posted on 6/22/22 at 11:42 am to lsu13lsu
quote:
We don't know the true cost of anything in healthcare.
I don't know what the true cost of anything is in any market sector. All I know is the price which is supposedly set by supply and demand, irrespective of cost to produce. I'm not so sure I want to test the value of my life in the medical marketplace. Supply is short, there's just one of me. Demand is infinite, I want to live. What's the price?
Posted on 6/22/22 at 11:43 am to WildTchoupitoulas
quote:
I don't know what the true cost of anything is in any market sector. All I know is the price which is supposedly set by supply and demand, irrespective of cost to produce. I'm not so sure I want to test the value of my life in the medical marketplace. Supply is short, there's just one of me. Demand is infinite, I want to live. What's the price?
We are talking about our cost for our healthcare. So you should know your cost for say a TV.
This post was edited on 6/22/22 at 11:46 am
Posted on 6/22/22 at 11:48 am to WildTchoupitoulas
quote:
I'm not so sure I want to test the value of my life in the medical marketplace. Supply is short, there's just one of me. Demand is infinite, I want to live. What's the price?
My father-in-law is in his 80's. He's diabetic and not long ago had a kidney removed that was cancerous. He has no insurance. What does he do? Well, he pays a flat fee every month to his local doctor that covers everything. Is it expensive? Yes. But, he never has to worry about the price or cost of any medical procedure.
The free market would provide you with such a plan if you wanted to pay for it.
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