Private insurance works well for 80 percent of us, why not just create government-subsidized high-risk pool for the other 20 percent?
The 80 percent account for only about 15 percent of the health care bill. 20 percent account for 85 percent of the health care bill. This is an important point. First, 20 percent and 85 percent are statistical categories that cross all social divisions. All of us are potential patients, candidates for the 20 percent. Second, medical services are shared services. If we want to share in their use, we must share in their financial maintenance. Allowing 80 percent of people to pay based on their current health does not take into account their status as potential patients. Their future use of the health care services depends on the services being paid for now. And the 20 percent cannot financially support the services now. The difference is large. It means the government has to make up the difference if we want to keep the health care services. Third, if we ask government to make up the difference we might as well finance the while thing through government. We’d gain administrative efficien
Related Questions
- Will the Pre-Exisiting Condition Insurance Plan replace or modify the Texas Health Insurance Pool, the high-risk pool established by the state of Texas?
- Private insurance works well for 80 percent of us, why not just create government-subsidized high-risk pool for the other 20 percent?
- How much does high-risk pool insurance cost?
