Every plan proposed so far, costs too much.
They are all variants of the same basic approach.
A single policy solution
Policies must therefore be priced to reimburse BOTH day-to-day and potential catastrophic healthcare risks!
Create two policies instead!
One required for all persons that covers catastrophic risks for all costs above a fixed ceiling amount. The premiums would be minimal because the coverage pool would include everyone.
Immediately, the cost of all present policies would be reduced. They no longer would be priced to cover any catastrophic risks.
No longer would health care account for 40 percent of individual bankruptcies.
With lower costs, more individuals could afford health insurance.
Gradually, universal coverage could be achieved as market forces and policy changes evolve.
Start with universal catastrophic coverage
We buy insurance to shed risk.
Insurers assume risk to make money.
Competition narrows that profit margin and reduces premium costs.
Think about it!