The Solution

  • The core of the system should be life-cycle health risk insurance, covering expensive treatments and end-of-life care.

  • This insurance would step in and cover expenses above some predetermined per-year limits, cumulative limits for consecutive years, and cumulative limits over the person’s lifetime.

  • This insurance should not be mandatory. However, people buying this insurance should have hefty tax breaks so buying this insurance would be common.

  • For covering minor medical bills, individuals would use the current system of health maintenance plans, Health Savings Accounts, or would pay out of pocket.

  • Poor people would use Medicaid as they do now.

  • Lifespan health risk insurance would accrue cash value. The government would guarantee this value using instruments similar to those used when guaranteeing the safety of bank deposits.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

 

Right Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on PagesRight Column 1 on Pages

Right Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on PagesRight Column 2 on Pages