Too much coverage
Kling:
and...
See you this afternoon, after I have my free lunch.
The health coverage most Americans have is what I call “insulation,” not insurance. Rather than insuring them against risk, most families’ health plans insulate them from paying for most health care bills, large and small.
and...
Real insurance would pay for treatments that are unavoidable, prohibitively expensive, or for illnesses that occur relatively rarely. Instead, insulation reimburses even relatively low-cost services, such as a test for strep throat or a new pair of eyeglasses. Insulation pays for treatment even if it is commonplace or discretionary.
See you this afternoon, after I have my free lunch.
Posted by Cool Papa Boyd on
January 8, 2007
My parents had dental insurance growing up so we went to the dentist and the office filed the claim. I don't have dental insurance. My kids also go to the dentist, but I pay when we leave. No biggie. Just like any other transaction. I feel no less adequate.