posted on Apr, 19 2014 @ 07:30 PM
What would happen if we made health insurance illegal in the States? Can't buy it, can't sell it . . . might sound crazy, but is it? Would it
make the health care situation in the States better or worse?
If we made health insurance illegal, would some sort of medical savings account fill the gap? (without the catastrophic policy of course, after all
insurance is illegal).
If we just hit the reset button on the way we handle health care in this country what would happen?
I have to wonder if costs for health care would drop. I imagine a lot of money is spent on insurance related paperwork, insurance companies make a
substantial profit, there is a certain amount of fraud, and maybe the market just wouldn't bear the current costs for health care and prices would
have to adjust.
Patients might be more careful with how they spend their health care dollars if they're actually their dollars. I know people that don't have
health insurance, most of them self-employed, who negotiate prices with their Doctors. I've done it myself. I'm told that the Doctors are happy
with it because although it's less money, it's money right now without all the hassles. (I don't think insurance companies actually pay the
"retail" price for health care costs either, but they do generally take months to pay and require a mountain of paperwork, or at least that's what
If we went to a savings account system,(again no catastrophic rider), made the contributions tax free, allowed employers to contribute and things of
that nature, how much worse off would we be? Would we be better off?
If I asked you to solve the health care problem in the United States and your solution couldn't involve insurance, could you solve it? How would you
go about it?
Just to be clear, I'm not necessarily advocating this, I've wondered about it for awhile and I'd like to 'test' the idea here. If you think
it's dumb, feel free to say so, just please explain why.