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Politics : A US National Health Care System?
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To: i-node who wrote (7430)7/8/2009 4:53:52 PM
From: TimF  Read Replies (1) of 42652
 
I think you make a good point - for $100,000 hospital stays.

OTOH there are many reasonably expensive (in every day terms), items that cost a lot less than $100k, and that people could pay for out of pocket with catastrophic insurance to cover things like that hospital stay that would cause great pain to most and bankrupt many.

Or even if people want some insulation and not just pure insurance, having an open market (less cost increasing regulation, open-interstate insurance market), and getting employers mostly out of the business of providing/subsidizing insurance can be beneficial. If you don't get it through your employer you don't lose it with your job. Also the subsidies involved put upward pressure on costs. (The problem here is that the higher the cost the more demand their is for subsidies, and you get a vicious circle.)
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