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That would be great, except a large percentage of the country doesn’t make enough money to afford insurance. So they go to the ER (the most expensive form of ca
by wayoutthere 7y ago
That would be great, except a large percentage of the country doesn’t make enough money to afford insurance. So they go to the ER (the most expensive form of care) and end up neck-deep in medical debt from routine health issues.
Even when you can afford it, an increasing number of doctors are refusing to accept insurance. These doctors tend to be more highly regarded and provide a higher standard of care because they’re not shackled to a computer doing insurance paperwork half the day.
So even with the system we have, insurance isn’t really worth it unless you have chronic health issues. This becomes a feedback loop of increasing prices and decreasing benefits for all but the most expensive patients.
Profit is a moral hazard in health care.
- creaghpatr 7y agoLack of profit a deadlier hazard.
- sjg007 7y agoThat's not what I said. I am saying it's not a moral issue. We already pay! We already accept that we have to pay!
- wayoutthere 7y agoThe moral hazard isn’t in paying for it, it’s in how the profit motive multiplied across dozens of middlemen is corrosive to the quality of the system. We’re paying for it regardless, but we pay a lot more under the current system because we have to support perpetual growth of every company in the value chain.