Remember the good ole days?
The market does not currently work for the catastrophic coverage,
though perhaps it can be fixed. There is a huge economic incentive
to find ways not to pay for catastrophic care, and smart insurers
will of course pursue these self-interests on behalf of their
shareholders
If you invest in a healthcare insurer you should understand that the
profits you've enjoyed came at the cost of people's lives. You made
a couple bucks, someone died so that you could. Blood for money
This is not the right area for a for-profit business. It's
Dickensonian, like the days of Ebeneezer Scrooge.
"But what did Scrooge care? It was the very thing he liked. To edge
his way along the crowded paths of life, warning all human sympathy
to keep its distance..."
