“Sign here, a drop of blood will do!” says Mephisto.
Medical costs to tax payers are said to be about $2.5 trillion per year. This is a vast stage with numerous players and by no means a quick fix problem.
From one perspective, insurance companies are like casinos who calculate favorable house odds from the table of actuaries. They are designed to win while giving their clients a chance to not go broke. The standard bet is: We bet you that you won’t get sick, and the client bets that he will.
The only way for the insured to get back his premium is to get sick. Otherwise, the healthy guy pays the insurance casino until death do he part. The insured has already signed in, blood drop and all.
The insurance casino invests in real estate and financials. They have real wealth. There is little to wonder as to why the government wants in on that action beyond mere taxes and good deeds. Health care and medical costs are different subjects than insurance premiums, yet they are additive to total costs. Who gets screwed?
