auditor0007
Gold Member
Doing the same thing over and over again....or in other words the republicans approach to health care reform.
Now, back to my original question.....what value do healthcare insurance companies provide?
Diligence
Text of H.R.5424 as Introduced in House: Reform Americans Can Afford Act of 2010 - U.S. Congress - OpenCongress
your original question: They allow me to go to the doctor with short notice at any time I want for about 20 bucks...if i need a perscription another 20 bucks....god forbid I end up in the ER but at least I know it wont cost more than 500 bucks.
Thats the value they add, peace of mind, for a fee and profit. I'm willing to pay as long as I can choose my level of coverage and insurance provider, are you?
Nice that you can pay. Many can't. And when they see a doctor without insurance, that $20 becomes $100 for them, the prescription another $100.
Here is the thing Maggie. While that $20 becomes $100 to the person who must pay out of pocket, that $100 is much less than the actual cost that the insured person is paying. While the insured person is paying only $20 out of pocket, the total cost is $200 rather than $100 to the person who pays out of pocket. While this doesn't work well for catastophic cases, and insurance is necessary for most to cover major illnesses, we would be much better off paying out of pocket for basic medical care.