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Politics : A US National Health Care System?
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To: Road Walker who wrote (7427)7/8/2009 4:41:54 PM
From: skinowski  Read Replies (1) of 42652
 
government should be the source of catastrophic coverage... maybe situation where the costs for an 'incident' rise above $20K.

I like this idea. With a "deductible" this size the costs would be very low - and yes, most people would avoid getting wiped out due to catastrophic health problems.

In fact, insurance companies often do buy such "reinsurance". Many years ago I was involved in running a "total risk" medical group - we would receive funding, and pay all the expenses, including hospital costs. As I recall, we used Lloyds for catastrophic insurance. True, we had a higher "deductible", but still, the cost was just a few dollars a month per person. With the entire population under the "umbrella", the cost to the taxpayer would be low.

This idea might work. But our politicos won't go for it. They want to own the action.
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