Lessee hmm how simple could this be?
The Product:
Medical care.
The issue:
sick people
(an endless market there fer sure)
Supply vs demand hmmm
A profitable medical business model
to profit in this marketplace?
Seems like a no-brainer not
rocket science.
One business that doesn’t profit from delivering its
product (claims) is the insurance industry.
Insurance companies have a vested interest in
Not providing medical care
This is not true of the Medical industry
as that is the product OF their industry!
If anything but the most outrageous things were paid
out of pocket directly to the Medical industry
without the insurance companies being involved at all
the costs could be reasonable.
My wife and I have driven accident free for decades
no claims, pay car insurance every year, they’ve
made pure bank off of me. A lousy product for me.
I’d be the first to pay a reasonable amount to a catastrophic
medical insurance policy. It would have too be limited to what is reasonable to contain costs.
If I needed a quadruple by-pass and it would fix me up and let me live another
30 years yeah let the policy pony up, the one I bought that covers bypass ops.
But covering outrageous things would be nuts.
I already hear you saying, oh but whose to decide what is reasonable?
Oh that ever efficient invisible hand would guide this perfectly.
It’s in the policy I bought.
If a company didn’t offer a policy I wanted another company would.
If I demanded a policy that guaranteed never ending life no matter the cost
at any expense, ya know what? The market prolly wouldn’t offer it!
Don’t even get me started on the ambulance chasing lawyer that would offer to
file a lawsuit for a cut of the settlement against the insurances companies
for not offering immortality polices cuz it wouldn’t happen heh
yeah Tort Reform and free the free market
boot the insurance company and the government
out from in-between you and your access to the Medical industry
and things would change over night.
Wow there is a limit to post size, heh heh