Don Lloyd at Distributed Republic offers this thought about third-party health care coverage.
Insurance is never appropriate for universal, routine needs. If insurance premiums are to be low enough to be seen as both useful and affordable, then there must be a fundamental uncertainty so that services insured against are underpriced for actual consumers and over-priced for those who don't end up needing the services. This is necessary for the services to be actually paid for and provided. Third party payment doesn't really work.
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