One of the reasons I do not want health insurance is the cost.
That's why I used the example of homeowner's insurance. I understand the reason for homeowner's insurance. Even with my house paid off, I still carry homeowner's insurance. I pay about $800 per year for that coverage. I am OK with that. If the cost went up to $5,000 per year, then bye bye to homeowner's insurance.
One of my biggest gripes is that the medical and pharmaceutical companies name their own prices, with no regards for reasoning. They line their pockets in ridiculous fashion. They can do so, because they simply pass on the cost. The health insurance companies are the same way, they don't mind paying those extraordinary prices, because they simply pass the cost on to policy holders, while tacking on a surcharge for their own obscene profit.
What you get is a health care system that costs twice as much as the rest of the developed world. ...then, instead of the government doing anything to check the cost, they simply REQUIRE us to buy insurance.
I wouldn't mind so much if the whole system was socialized, therefore eliminating all of the profit-grubbing middle men that drive the costs to ridiculous levels.
.... mjg talks about $500 being negotiated down to $35. That's laughable. Why was the cost of the procedure $500 to begin with, if they were able to take $35? Here's why... BECAUSE THEY WERE CHARGING $500 FOR A $35 PROCEDURE TO BEGIN WITH!!!!