I am not saying ban insurance. I am saying let the market operate. Insurance will be cheaper and people buy what they need. I think it is interesting that many on FR, a Conservative site, cannot imagine doing without the government guiding and prescribing their lives. It doesn’t really matter. There will ever again be a time in which they will have to make any choices and will have to rely on a bureaucrat for their medical services.
You can buy whatever you want under my system that an insurer will sell you (except federally backstopped EMI coverage), provided your insurer meets state financial ability law.
You just won’t get a federal subsidy if you buy “junk” insurance.
Also, be aware that no insurer is going to sell me coverage for lung cancer for ~$6/month because that is its average risk.
My risk might be $200/month. So I’m not going to get lung cancer only coverage for less than about $220/month.
As you or I get choosier, the insurer needs to raise its prices for the items you or I choose.
Don’t expect a menu. Expect insurers to package their products like cable companies do.
Hospitals need to make their financial goals too. If you want the hospital to be in-network, the coverage you buy will almost always have to be broad.