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To: Alan Smithee who wrote (13803)8/19/2004 5:35:42 PM
From: Oeconomicus  Read Replies (1) | Respond to of 90947
 
Al, there was an interesting WSJ article six months or so ago about a doc in NY, I think, who just stopped taking insurance altogether. His costs went down dramatically and he passes the savings along to his patients, so he and his patients are doing much better financially and don't have to deal with the headaches caused by the insurance bureaucracy. If more people paid for routine care out of their own pockets and only insured for catastrophic needs, preferably leaving the providers out of the claim/payment process altogether, costs system-wide would plummet. Of course, there might be a few unemployed paper-pushers, but that may fall mostly on India. ;-)