Catastophic coverage and MSAs. I’m with you.
Of course, while that’s fine for working stiffs like me, what to do for those who can’t even feed themselves, no less buy insurance and save against illness?
The article proposes some kind of government funding for their MSAs and insurance purchases. And it's a tricky areas. First of all, regarding the cost to taxpayers - it's already happening through Medicaid, so that would be a wash. But taxpayer funding for MSAs will probably make food stamp fraud look tame by comparison - all that government money sitting in millions of personal MSA accounts is gonna draw the vultures. So it's definitely an Achilles heel to such an approach.
But despite such weaknesses, it still has the most potential IMO. Medicare and Medicaid are already rife with fraud as it is.