Then let the employees pay doctors and hospitals when the need their services, sort of like you do when you fill up your gas tank or go to the market for groceries.Works good until you become a quadriplegic in an accident.
Insurance is about spreading risk. You probably won't become a quadriplegic but if you do the gas tank just got orders of magnitude larger. I guess just not driving would be an option but in this case suicide is illegal as well.
Point taken. I have no problem with people insuring themselves against catastrophic health problems. That wouldn't cost that much for the average young person. But that is not what health insurance has become. We are insuring that we can go to the doctor if we catch the flu or a simple cold.
Note that we insure our houses against catastrophic loss but not against minor problems. We should treat health the same way. Insure against an uncommon but tragic health problem and pay as you go for the day to day stuff. This would cut out the middleman to a large extent and greatly reduce the financial burden on our real health organizations, the ones with doctors and nurses.