[Freedom_Is_Not_Free]

While I value my health insurance, a lot of people here are beating you up for dropping it.

One thing they have to remember is that a huge portion of all healthcare is spent on the elderly dying in their last few months or year. Think Ted Kennedy’s expensive operations just so he could live another 2 months.

The fact is, if you save the large amounts you are spending on paying for health insurance, it is very likely you could afford most of the hospital/doctor/drug needs for most things. What you would lose is that last 3 months on life support or in that hospice dying.

Your idea is not all that bad. I wouldn’t do it but it could work out fine for you. It really is a sick amount of money we spend so the elderly can die slowly lingering rather than promptly.

No, I’m not advocating assisted suicide or saying that the insured shouldn’t get health care if they want it. All I am saying is that we spend an ass load of money on people at the end of their lives, and the upshot is not that we are curing them, but just treating them to delay death a few months.

Frankly, it is absurd. This ties directly to your post.

Given the choice of leaving a million dollar inheritance to help their children, or depleting a million dollars in savings paying it into the factory healthcare system, I am convinced most loving people would opt to die more quickly in a hospice and help their children with that million dollars, than see strangers in the medical industry get rich off it.

The reason we squander so much money keeping the elderly alive another month or two is because it is pooled insurance money. People don’t care because the money is already gone from their pocket in the form of 50 years of health insurance premiums. So they don’t care.

I’m convinced that is most elderly had to pay huge cash on the barrel head to stay alive another 3 months, most would reject the waste of money and would rather just pass into that good night they are going shortly anyway, and use that money to enrich the lives of their children, not strangers in the medical community.

So what you are doing makes a certain measure of sense if your insurance premium is high, and whose isn’t?

[tobyhill]

I don't feel beaten up. If they like getting screwed over by insurance companies, that happen to be in bed with Obama, then that is their prerogative. The insurance companies had provided no service for me that I couldn't do on my own. For the insurance I did have it was a $5000 deductible plus 20%. A $20,000 bill would have still cost me $8000 plus all the premiums I would have paid in. Also, to have an illness at the end of the year could have carried over into the next year's deductible costing $5000 more.

[supercat]

I’m convinced that is most elderly had to pay huge cash on the barrel head to stay alive another 3 months, most would reject the waste of money and would rather just pass into that good night they are going shortly anyway, and use that money to enrich the lives of their children, not strangers in the medical community.

Of course, it should be their choice what they do with their money. As opposed to paying oodles of money in premiums, to a government system which will still throw the non-politically-connected under the bus.