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To: Little Joe who wrote (479021)	3/27/2012 3:29:44 PM
From: Bill	4 Recommendations Respond to of 793911

That's real insurance: protecting yourself against catastrophic loss. What we have today is more like pooled expensing.

To: Little Joe who wrote (479021)	3/27/2012 4:43:20 PM
From: sm1th	Respond to of 793911

I was able to find a policy that covered any amount over $5,000.00 per person insured That is what insurance should be. Choose a deductible appropriate for your financial situation, and let those who want or need deluxe coverage pay the full cost of providing it. Many companies achieve something similar by self insuring for the routine stuff with a catastrophic coverage policy typically starting around $10K. More than 1/2 of employees covered on employer plans are at least partially self insured by the employer. The insurance company processes claims and payments, but the employer carries the risk.