When insurance covers everything, no one cares what the their health costs are. Consumers must have some skin in the game.
Insurance - an ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table.
What we need are different types of insurance, some of which have copays, some that have coinsurance, but they need to offer a better first layer of coverage.
Even under Obamacare, there are people that get subsidized insurance. But that has a $6,000 deductible. What do you think they do with that $6,000 deductible? They are still a nonpayer.
In my case, I pay a standard premium to participate in the Federal Employees' Health Benefits Plan for my wife and myself out of each month's paycheck.
I pay for homeowner's insurance, I pay for car insurance, I pay for health insurance.
No one plans to get sick or hurt - I certainly didn't - but most people will need medical care at some point in their lives.
