On that point I fully agree. The entire concept of employer provided health insurance is madness because it's impossible to individually price based upon risk (e.g. an obse diabetic who gets winded walking down stairs needs to be charged more based upon risk than a healthy person).
On that point I fully agree. The entire concept of employer provided health insurance is madness because it's impossible to individually price based upon risk (e.g. an obse diabetic who gets winded walking down stairs needs to be charged more based upon risk than a healthy person).
It would be better if they could just give employees, tax free, the money they are willing to put towards their health insurance. Then the insurers could set the risk price and people who can manage their risk pocket the difference or enter stop loss pools and use the money they would put to premiums as cash to pay what high deductible plans won't cover.
It would be better if they could just give employees, tax free, the money they are willing to put towards their health insurance. Then the insurers could set the risk price and people who can manage their risk pocket the difference or enter stop loss pools and use the money they would put to premiums as cash to pay what high deductible plans won't cover.
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