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The problem is that the cost for healthcare is hidden. In the UK, we have "National Insurance" but it doesn't work like normal insurance. It goes into the same
by lbriner 5y ago
The problem is that the cost for healthcare is hidden. In the UK, we have "National Insurance" but it doesn't work like normal insurance. It goes into the same big pot as everything else and gets spent on whatever.
It is a hard balance but sometimes when I see people doing stupid things that land them in the ER, I kind of wish that their premium would increase as a result. That said, I think the largest cost in healthcare is the care of the elderly: We somehow keep people breathing for much longer than 50 years ago but it doesn't stop their bodies needing some big maintenance or long-term residential care.
- kube-system 5y agoHealth insurance premiums in the US don't raise people rates if they do stupid stuff, with the single exception of smoking. Rates are basically set based on three factors: age, location, and smoking status. You do share costs if there's an accident, but daredevils and school teachers get the same rate at the same age in the same city.