Ain't that the truth. I look around and, yes, many of the things we did 30+ years ago (wow, I'm old) had more than a little measure of danger in them. I got bloody noses from dodgeball; I jammed a lot of fingers playing basketball and volleyball and got smacked in the face with the ball a few times; I fell off swings onto hard ground and flipped my bicycle landing on my head. A favorite neighborhood activity was jumping off a seven foot concrete block wall onto the street below. (What were we thinking?) We all survived and, more importantly, we learned from the times when someone did something stupid and/or got hurt. That was an important life lesson that I fear we're removing from our children's lives.
Our experience of recent weeks is that part of the whole safety thing is not just fear of mortality, but fear of medical bills. Our 10 year old son has recently learned not to jump from high places onto hard surfaces and not to get too close to his brother's swinging bat. These encounters have resulted in bills to our insurance company to the tune of nearly $6,000 and co-pays for us of ~$250. All that to diagnose a bone bruise to the heel and place 2 stitches over the eye. Sigh.