Why do we have it? To protect against unknowns in out lives!
The funny thing about insurance is how it's applied.
I'll give you an example. Today I received a "denial of service " letter from my wife's insurance company, and this is on a pre-approved procedure. It was for an amount over $4,000. Now, I know that even if they do pay it, it will be far less than $4,000, because insurance companies make deals with hospitals and doctors for a far lesser amount.
So I called the insurance company and talk for about a half hour and finally got it straightened out, it was due to a provider # not being right. Now just suppose I didn't know how to go about straightening that out? I'm out $4,000, and being self pay , I get none of the discounts.
Think about that for a moment, and then wonder why people are unnecessarily dying each day because they cannot afford to go to a doctor and take a chance at an astronomically high bill!
We need Universal Healthcare, And the wealthy are going to give back some of the billions they have stolen and continue to steal, through economic policy tilted to the upper brackets.
I once got an itemized bill by mistake from a hospital. It was for $254,000 for a hip surgery, that by the time it was paid was a little over $11,000. You wonder why we are in a death spiral? It's because everything is totally out of wack.
Think about this and think, do I want to be in those positions or do I want to not have to worry about medical bills because I can go to any doctor anywhere.
Have a great day and may peace be with you.