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Those are not required procedures, so obviously there is much more of a chance for a real market there. But you can't just compare that with e.g. ER or cancer t
by skrause 9y ago
Those are not required procedures, so obviously there is much more of a chance for a real market there. But you can't just compare that with e.g. ER or cancer treatment.
- notyourday 9y agoBecause the idea that cancer treatment as well as other exotic treatments needing to be covered by insurance is a pile of horse manure - i'm saying it as someone whose grandmother died from cancer and someone who has a few friends that successful beat down cancer. Lets engage in an intellectual exercise. 10MM USD (today) and for 1 person cancer is gone. Should we include coverage for cancer into all policies?
- notfromhere 9y agoYour lifetime odds for cancer are like 50%. If insurance doesn't cover life threatening illnesses and life-saving treatments, what's the point in paying for insurance?
- ksk 9y agoI agree it should cover them (in theory). I would even agree that healthcare should be a human right. But even under a zero profit model, for the cases where the treatment is so expensive, what would the financials look like for all the insurance payers? Is it actually even possible?
- notyourday 9y agoLets make a non-profit model. Lets take entire USA. 350 million people. 50% chance of cancer. 175m will get it. Payment to make it go away is 10MM USD. Should it be covered?
- notfromhere 9y agoYou're setting up a strawman to prove your own argument that human life isn't worth preserving under some notion of 'logic'.
- notyourday 9y agoYes, the idea that every human life is priceless is utter nonsense that needs to be disposed of.
- notyourday 9y agoBack to the question rather than the la-la land answer. 10MM USD today payment => cancer cured. Patient's lifetime earning => 2MM USD Should the patient expect cancer to be cured by his or hers insurance payment? P.S. I love the downvotes. Downvotes is like a child stomping his foot in a toy store "Mom, but I want that toy!"
- notfromhere 9y agoYes, because human life has value beyond their earning potential.
- notyourday 9y agoLet's presume that it the case. What is the multiplier that you would like to assign as a max?