Because we were much better off before medical insurance.
Now, with it, the cost to the public has skyrocketed, hospitals are going out of business, and doctors are making less money.
In other words, the only one’s prospering are the insurance companies and at the expense of the rest of us.
And the lawyers are prospering by the exhorbitant malpractice awards being given by sympathetic juries. A long time ago, malpractice meant the doctor had intentionally done something egregious or was incomptent. Now, if ANYTHING AT ALL GOES WRONG IN ANY MEDICAL PROCEDURE, the vulture lawyers are at the ready to bleed the doctors dry. Tort reform would throw out the frivilous lawsuits and the cost of malpractice insurance would have to be reduced to the doctors.
The problem is the low deductible/HMO-type expectation that insurance pays for everything. We’ve had some form of health insurance for 165 years.
Without it, there would have been limited ability to fund and develop many life saving and extending healthcare innovations.