Rafael wrote:
He just answered why we have them: "to guard against catastrophic events".
That isn't what our health insurance companies do. In fact, if you have a catastrophic event, you can be dropped from your insurance, and will likely be unable to get insured by any other company due to your "pre-existing condition".
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Why do we have auto insurance or homeowner's insurance?
People are not products, no matter how much libertarians like to think that we're a commodity. People are more valuable than cars and homes. Maybe you don't think so, but if I had to chose between the life of my loved ones and my home, or my car, that would be a fairly easy, if painful choice.
Furthermore, there isn't a single bit of car insurance that can even remotely stand up to the cost of, say, cancer treatment. If you happen to live in a mansion, you might be able to have a loss as financially significant.
In addition to that, if my car is totaled, I get a single check that pays for the cost of replacement. I am not going to spend the next 10 months in a hospital bed and have one check to cover it. It's a lot more complicated than that.
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Medical insurance have expanded in their role beyond this scope to negotiate bulk contract services with providers because of the nature of health care.
If health care insurance carriers provide no service, then why are they offered as "benefits" by employers that employees opt in to pay for the service?
That's a great question. Health Insurance is not an option. If you don't have it, you are in a very precarious position. Really, you're just playing russian roulette. It's a "benefit" because our society has **** up priorities. Health care is a right, not a good.
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I think your issue lies with health-care providers, not insurance carriers. do you care to validate your theory that insurance companies should be involved at all with things like cosmetic surgery given the stated function of an insurance carrier?
I have no problem with health care providers (assuming they aren't hacks, or crooks, etc).
You have stated a function for health insurance that is simply not accurate. Most health insurance is comprehensive because of the nature of human health care. However, it also drives up the price of health care considerably, and provides no measurable benefit to the quality of health care. We basically subsidize salaries, profit margins, and huge administrative costs just to have access to a living need.
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It feels like all the people who want limited government really just want government limited to Republicans.
---The Daily Show