What do you guys think of the notion of eliminating health insurance entirely. That way, neither government nor corporate bureaucrats have any say in my health care because I’m the only one footing the bill. I seem to remember seeing some projections that suggest that eliminating health insurance altogether would actually lower the average amount of money spent on healthcare. I can’t find the reference as it was something presented in one of my classes several semester ago, but its an interesting idea.
What would be the point in banning insurance? If these plans weren’t competitive, people wouldn’t buy them.
The argument I saw was that the existence of the insurance industry increases the cost of health care, so that by removing that variable…
- cost to consumers would fall
- people would be less frivolous with their doctor’s visits and prescriptions (because they aren’t “free”)
- people would be more fiscally responsible and be more apt to put money away for a rainy day in case of a real emergency rather than assuming that their insurance would just take care of whatever came up and not planning for the future
I also like the idea because insurance companies (I think purposefully) confuse the fuck out of me. I’ve been on the phone with 20 different people in the past 3 days trying to find out if my coverage is effective yet. I much prefer a system where I want something, so I take some money and pay for it. None of this twelve different forms in triplicate bullshit.
And no, no kidding that is a classic Marxist argument, as in Marx made it and was wrong.
Because you see, capitalism will ultimately fail because so much money is squandered by competition. The ads, the whole marketing departments, the constant struggle to beat your competitors…
How much better would it be when we just a) eliminated profits and b) worked WITH instead of AGAINST each other to maximize the common good.
So, you see, socialism MUST prevail and capitalism is sure to fail any day now.
P.S: Every time a new generation makes arguments that were debunked 150 years ago and yet want to take over 20% of an economy I think a little less of my fellow human beings.
I mean I, personally, would want to be really sure I knew which was what before I took over a billion dollar industry and force 300 million people to join it.
But maybe I am just a truly humble soul.
I’m not saying anyone should take over health care besides for consumers. Health insurance (whether it be government sponsored or private) takes the “free” out of “free market”. Insuring against a universal constant is a losing deal unless you’re going to pull some tricks to get out of your end of the bargain.[/quote]
So you are against MANDATORY insurance?
Because if someone wants to make that bad deal he can, right?