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Self-paid insurance plans only work if you require every one to buy a plan. Otherwise many healthy people choose to go uncovered and the insurance pools get a h
by jartelt 7y ago
Self-paid insurance plans only work if you require every one to buy a plan. Otherwise many healthy people choose to go uncovered and the insurance pools get a higher portion of sick folks. Obamacare tried to get around this by using the individual mandate penalty. However, that was taken apart by the republican congress, so I think it's safe to say that self-pay insurance was/is not straight forward.
The most straightforward way is to have a universal coverage provided by the government (funded by tax revenue). Then we get rid of the whole problem of some people skipping out on coverage and free riding on the system.
- seanmcdirmid 7y agoIt works in Switzerland. They do, however, have high healthcare costs second only to the USA (but much better results overall).
- amluto 7y ago> Self-paid insurance plans only work if you require every one to buy a plan. The US did this until very recently. It should IMO be reinstated. In any event, this is more or less orthogonal to the issue at hand. As far as I know, nothing stops employees with employer-sponsored healthcare from opting out.