Rising health insurance deductibles fuel middle-class anger and resentment

Re:Rising health insurance deductibles fuel middle-class ang... by mises on Thursday July 18, 2019 @09:53AM (#20469758)

More employers ought to do this, for sure. If I'm a young, healthy, twenty-six-year-old man, I almost certainly don't need medical care. If I've got a good job, I can essentially self-insure. I might want to keep actual insurance, i.e. high-deductible protection for catastrophic events, but nothing more.

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Re:Rising health insurance deductibles fuel middle-class ang... by 1PlayerOne on Thursday July 18, 2019 @11:18AM (#20470707)

Think about the consequence for society as a whole if everyone did what you did.

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Re:Rising health insurance deductibles fuel middle-class ang... by mises on Thursday July 18, 2019 @02:01PM (#20472373)

1. I act in the interests of society, rather than my own. It's the issue of the prisoners' dilemma; I'm not going to be the sucker.

2. I honestly don't know what you mean here. I will almost certainly not draw much in the way of health expenses; this is exactly the way insurance is supposed to work. What is wrong with not billing every thing to insurance and not paying for the privilege? If every one did this, consumers would be price-sensitive and costs would drop.

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Re:Rising health insurance deductibles fuel middle-class ang... by 1PlayerOne on Thursday July 18, 2019 @04:01PM (#20473409)

I am not sure what you are describing is "exactly the way insurance is supposed to work." If you have an open mind about it, you might want to read about the three-legged stool[1].

[1] http://web.archive.org/web/20170716081909/https://www.nytime...

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