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originally posted by: OrphanApology
a reply to: LewsTherinThelamon
You wouldn't even have to get rid of the insurance companies.
Just get the government out of it and these type plans would disappear. They don't work without government interference because they aren't based on logic or actuarial science.
Insurance is supposed to be a product that protects against catastrophic but rare events. That's how traditional insurance is priced and it doesn't work any other way from an actuarial perspective.
You can't have your cake and eat it too. Insurance is not a finance vehicle for all healthcare. It is insurance.
Managed healthcare products would disappear by natural atrophy if the government was no longer involved. The healthcare insurance market would have to go back to making regular insurance products or go out of business.
originally posted by: woodwardjnr
If you think this is a good idea for society, what do you do for those people who don't have a large following or an unknown or misunderstood disease. You just let those people suffer? Typical American attitude towards health provision. I'm alright Jack mentality