Originally posted by: Boilerman
I miss the day when even Liberals expected the able bodied to take care of themselves.
The problem is health care costs are so high that in order to have a profitable policy anybody of middle-class income over 35 years old wouldn't be able to afford the premiums the insurance companies would be required to charge. Not to mention, if they actually had to use the policy, they would likely be looking at $20,000 to $30,000 in yearly out of pocket costs.
We are throwing good money away to keep private insurance companies afloat even though their business model has completely failed.