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To: Skeeter Bug who wrote (212199)	7/24/2009 10:22:08 AM
From: neolib	Read Replies (1) \| Respond to of 306849

this is absolutely NOT what the current health insurance policy would do. it pretty much covers everyone for everything and places the bill on our broke grand children's back. You don't have to buy a dumb policy. I agree, there are plenty of dumb ones out there. I carry a $7.5K deductible one, $1M top end (and not an MSA one either because they rip you off too). I thus use insurance for exactly what insurance is good for: risk averaging of statistically unlikely events, and conversion of lump sum payments to monthly payments. The low end, which is expected, I pay out of pocket, thus avoiding most the overhead. However, in our current screwed up system, my insurance card still functions as a very valuable club discount card for these out of pocket expenses (often saving me near 50%). There are plenty of people who would think 100% coverage at the low end, and a $50K top end cap was a better policy.