Jonathan –
I agree with the idea of keeping costs down by having very high co-pays and deductibles – in my case I pay for everything up to $2500 per year. However …
Yes, there are people who have serious health problems and they should have health insurance, but most people are pretty healthy and really don’t need it.
My totally healthy son, aged 24, doesn’t smoke or drink to excess, developed “Spontaneous Pneumo-thorax” – a collapsed lung. After about 3 weeks in the hospital and several surgical procedures he is now perfectly fine and the bills were around 110K. No warning, no family history, nothing – it seems this just “happens” to men in their early 20s.
Insurance is there to protect you from the unforeseeable. The odds are you won’t need it – but the question is can you afford to play the odds.
Herb Sevush
Zebra Productions