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re: What’s the point of medical insurance?
Posted on 6/22/22 at 11:48 am to WildTchoupitoulas
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.
1
Posted on 6/22/22 at 12:00 pm to Aubie Spr96
quote:
he pays a flat fee every month...that covers everything.
I used to have that, it was called insurance. But now I pay the flat fee AND more on top for services.
It's like cable TV. When it first came out, there were no commercials because it was a subscription service. Now it's still a subscription service, but we have to have commercials too.
Do we really want doctors operating only under a profit motive? How much could they squeeze out of me to keep me alive? Maybe none would work on me because I wouldn't have enough in assets.
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