I was thinking we need to go back to pay the doctor when you go to the doctor like when I was a kid. There were no co-insurance payments. You went to the doctor you paid the doctor. Insurance was for catastrophic events.
-— I was thinking we need to go back to pay the doctor when you go to the doctor like when I was a kid. There were no co-insurance payments. You went to the doctor you paid the doctor. Insurance was for catastrophic events -—
Yes. Bit one important difference is that medical technology has become much more complex and expensive.
This can be accounted for with Rand Paul’s suggestion to sell 40-hear health insurance policies, like 25-year life insurance policies.
And the doctor worked for you. You scrutinized the bill. You made the decision about what course to take for treatment.
When the insurance I had through work switched to an HMO, that all changed. I never liked it. The HMO paid for the doctor's visit, but the downside was they determined my treatment.
The new medicine is more about public health than providing for individual differences. A patient is a data point, to be evaluated accordingly.
There was a TV news segment a few months ago about an innovative medical practice that was scheduling annual medical checkups for groups of people. Can you imagine the pressure to get tests and vaccines etc without thinking about it when one is part of the group?