The whole point of insurance in the first place is to mitigate financial risk.
But with the insurance-government cartel that has been imposed on us, the insurance industry has now BECOME one of Americans’ greatest financial risks - a risk that, ironically, there is no way to insure against.
Good point. New rates are out for 2018. In my area, a couple age 60 will have non subsidized premiums of ~$30K for cheap bronze plans and ~$40K for gold plans. In all likelihood they will pay premiums well over $200K before Medicare kicks in. It might be even worse in other parts of the country. If people know they are healthy, why would anybody pay this? I'd either take one for the team or structure my income so I get subsidies.
Healthcare insurance hasn’t been about unpredictable risks in a long long time, otherwise we’d all just have disaster coverage
It's not about insurance and it's not about health care. It's all about control. The government, and increasingly their crony corporatist partners act only to impose more top down control over the populous. Federal judges are in on it, too. Anything that belittles and erodes the rights of the individual gets the imprimatur of some black robed fascist.