A Comment About

Today’s Health Insurance Ain’t Insurance

March 7, 2008 - 1:00 am - by Charlie Martin
Mark Buehner
2008-03-07 08:45:48

bbbeard, so how did insurance start picking up the tab for routine checkups? Thats the facet that doesnt fit anywhere into the theory. Granted, this wouldnt solve escalating health care costs (much of which is simply the product of people living much longer and hence suffering more illnesses which require expensive new therapies) but it would certainly mitigate to some extent by eliminating a ton of pointless red tape.

If young people started buying catastrophic insurance and opted out of their employer provided systems, the entire scheme would collapse overnight. But we might be better for it in the long run.