OK, look at me. I’m 56, I’ve had an ulcer, knee surgery, foot surgery, and a melanoma removed.
I feel pretty good right now, and work out in the gym twice a week and walk two miles a day. No known health issues, although ankles and knees are not great.
If a health insurer takes me, he gets a pretty healthy risk. But, one the other hand, a knee might go or another ulcer might pop up. That’s the way it is with 56-year-old guys.
My own opinion is that it is not really insurance. It is a combination of insurance and pre-payment of needed services. The two aspects of it do not really get on very well together.
I agree, at some point as people age health issues arise. I mean really if insurance is going to cover somebody getting the flu, a cold, a sprain from sports, a broken leg, etc. All this is covered by insurance. We know a certain percentage of the population will have ongoing catastrophic health issues and many will get worse as they age.
What is health insurance? We are all going to get sick, injured, and die.
Yeah. No real good answers. I have (for the present) a high deductible MSA. We’re pretty healthy, so year to year we tend to sock away most of the money and save it.