Ah, yes, the old "I have totally done this so far in my life and thus it is a model for all peoples" chestnut.
I have this vague memory of someone who was litigating about obamacare being unconstitutional for forcing people to have insurance and then defaulting on their sudden unexpected large hospital bill...
Realistically you've been lucky, and that's fine. You're against risk pooling because you feel that's not something you need. Self evidently the pooling is to cover the less fortunate. the "there but for the grace of god go I" situation. Maybe you think they're all scroungers and wastrels? Or that they don't deserve access to medical care just by virtue of existing and being ill.
Man, I don't often wish life threatening or chronic diseases which cost hundreds of thousands of dollars to treat on anyone. But I would pay to see the moment your smug tone changes to one of despair.
You must be fortunate not to have any preexisting conditions or to not need any medical procedures that, without insurance, can easily cost tens of thousands of dollars.
The real question is why are medical procedures so artificially expensive.
The only thing I would really need medical insurance for is a rare emergency procedure like an appendectomy. Information online says an appendectomy can cost anywhere from $1,500 to $150,000.
Why is there such a deviation? This is how insurance companies make their money.
When we consider that medical insurance in the USA is several hundred dollars per month, $1,500 out of pocket seems completely reasonable.
> The only thing I would really need medical insurance for is a rare emergency procedure like an appendectomy.
If you need an appendectomy, then you do not have time to fiddle around and comparison shop for medical insurance. If an appendix needs to come out, then it needs to come out ASAP (otherwise, the appendix could burst, causing sepsis). And there's no insurance provider on the planet that will take on a new customer and cover a procedure done before the customer's policy goes into effect.
Let me guess: you also think car insurance is a sham, and that you shouldn't be required to have it. And if, heaven forfend, you get into a car accident, you can just call up State Farm (or whoever) and get them to retroactively approve a claim for the accident. Am I right?
> And exactly how many people do you think have $1,500 laying around? (Hint: not many)
If you're paying $300/mo and are reasonably healthy (i.e. not going to the doctor regularly) then you'd save that up in now time. The real fix to all of this is to remove day-to-day care from health insurance and let it be just "insurance" (i.e. not healthcare). They have a bit of that with catastrophic plans but there are limitations on who can sign up for them (which I personally think is really stupid).
