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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: FreedomForAll who wrote (106617)12/9/2009 2:02:34 PM
From: benwood1 Recommendation  Read Replies (1) of 110194
 
I agree to a point -- I'd like to see umbrella coverage for all. I just want to live in a society where, if you get the bum rap, you aren't totally screwed (e.g. Parkinson's, MS, bad kidney). But high deductibles which strongly encourage shopping around.

Seriously, if my insurance premiums are $12000 per year (about what they'll be in 2010), give me $9000 of it and let me shop around for my care. And with the $3k, apply that to major medical beyond my, say, $10000 deductible each year.

If people go to an auto shop, people always ask for a price estimate (it's the law that they give it to you now -- why not for medical, too??). It has to be part of the equation about health care, too, to shop partly on price and partly on judgment -- e.g. do I really need that test? What's the point of saving 79 cents on an item at Wal-Mart if you will pay $600 to have a wart removed?
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