Righto.
The best analogy I’ve heard is if you got a food card when you went to work for a company. It could be used to buy food whenever you wanted, with the company’s food insurance company picking up the bill. Some restrictions on where and how you spent the money, but it could be used at both restaurants and grocery stores.
Anybody want to place a bet on how wisely people would spend “their” food insurance money?
“Anybody want to place a bet on how wisely people would spend “their” food insurance money?”
There are probably a million analogies to compare how skewed health insurance works against other forms of insurance. If you could insure your house for any and all repairs, you’d never ask what the repairs were going to cost, you’d opt for the most expensive materials, and have things repaired that were not necessary. The cost of home repairs would skyrocket to the point where people without the insurance could not afford to even have a new roof put on their house. Insurance should be about catastrophic incidents that people can’t control, like home fires, car crashes, and major hospital bills. Insurance should not cover things that happen routinely to people as part of normal life events.