Hear me out on this, please.
Let’s say that I spend $5k on health insurance in a year, but don’t go to the doctor or have any medical issues in that year. Where does my money go? It disappears. I basically just gave away my money, and received nothing in return. However, if I took that $5k and simply put it into a personal savings account instead of giving it away to a health insurance provider - that money stays right there if and whenever I decide to use it. It even collects interest.
I realize that with a health insurance provider, you’re (supposedly) getting discounted rates on medical services - but if your money is just disappearing into thin air if you don’t happen to need those medical services in a given year, are you really saving money? It just seems like a really big scam to me - what am I missing?
Let try this, why don’t we pool our money into a big savings account of pretax dollars for everyone in the entire country and add a supervising org that works with hospital networks to keep cost low through collective bargaining. At some point we the hospital networks become a single national network.
Ok so I hear you, but where do I get to deny claims and make $638,384,274,836.67 for myself while you die of a completely treatable disease? It’s not a fair system to me so I’m going to
bribelobby Congress and get my way.Lol well we have video from last year that showed what we should do with you in that case.
The fix is clearly to have a group of non-medical people in charge of that pooled pot of money who can deny payments for arbitrary reasons.
I think this is the most sane solution
Most sane seems a bit of a stretch, but I will grant you that given the current system sane-er definitely works.
Sounds like communism to me smh