Quote:
Originally Posted by Daseal
... As matty said earlier, what's not fair is 60% of all bankruptcies come not from poor financial planning, but needing a medical procedure. That, in my eyes, is complete bullshit.
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But then you have to ask, what makes medical procedures so expensive that they cause bankruptcies?
I would argue malpractice lawsuits and government interference is what drives up the costs more than anything else. Take these points for instance:
-- You cannot purchase insurance policies across state lines, which would open the market up to the forces of competition. Why?
-- Various state mandates force insurance companies to offer non-essential coverage for things like hair transplant surgery, pregnancy, and alcohol and drug treatment coverage. Picking and choosing what specific coverage you'd like without government mandated items is illegal. Why? That does nothing but drive up the cost.
-- Employer provided coverage doesn't actually belong to you and personal ownership of those health policies is illegal, meaning you cannot take it with you if you leave that employer or you get fired. Again, WHY?