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Politics : Politics for Pros- moderated

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To: JohnM who wrote (54665)	7/16/2004 3:29:33 PM
From: Lane3	Read Replies (1) of 793758

But, given our system and the large role insurance plays in our lives--life insurance, home insurance, mortgage insurance, health insurance, etc.--health insurance is the way we address the imponderables of the costs of serious illness. The problem I have with health insurance as we know it is that it doesn't follow the insurance model. Rather, it's a group fixed price health care program. If it were actual insurance, it would act like home insurance where you take care of your own broken garage door or the squirrel in the attic or the sagging porch and home insurance kicks in in a catastrophe like the house burning down. The whole point of insurance is to buffer the cost of catastrophic but unlikely occurrances. Health insurance doesn't work that way. The Bush proposal for health care accounts with catastrophic insurance coverage as backup is more like insurance. I think insurance is a better model than what we're now calling insurance. Ceasing to use that inaccurate label would be a step in the right direction. You can't solve a problem if you've misidentified it.

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