Justifying Health InsuranceRecent discussions about revising or replacing the Affordable Care Act (ACA) raise philosophical questions about the rationale for having a health insurance system. As lawmakers continue to debate the path forward for health policy, it is helpful to review the economic and moral justifications for health insurance. Consider two extremes, what I will call "market insurance" and "social insurance." At one extreme, market insurance provides a fixed level of coverage at a price determined by each individual's level of risk. It would be difficult to allow people to choose which part of health insurance to opt out of. Second, because the high-risk category is a minority, the operators of health insurance pools have an incentive to reduce benefits to this minority.
To the Editor:As long as the for-profit insurance industry is the default option, the cost of health coverage will remain expensive, options will vary widely, and providers will drop in and out of plans frequently. J. JONESNew YorkThe writer is a nurse practitioner. These insurance companies add little value to the system. What they do provide is exorbitantly expensive claims-processing services that are currently provided to Medicare and Medicaid plans for a fraction of the price. Why do we continue to tolerate such price-gouging?
collected by :Lucy William
This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here keep up the good work 먹튀보증업체
ReplyDelete