The Lion Speaks

A resent post on Titus One Nine referring   to the mounting bills many are face because of healthcare cost.

I agree with others the issue is partly to blame by an over regulated government managed healthcare system. As for the 68 year old mention in the article I wonder how he would fare under a NHS type of system, he would get care under the Liverpool Protocol.  (In other words, The British healthcare system just put the patient off to a corner to die as a way for cost savings)

Still I believe one problem not addressed is personal responsibility.  Some time ago, I read a similar story of a person who was facing monumental hospital bills due insurance only paying for outpatient care. This was the same temp plain I rejected after careful study of the policy. The problem is people throw down the money and never bother to read the policy. If one is in economic distress or have no savings, they have no business getting into a high deductable plan in the first place it is time for bet tightening: sell one  car, cut the cable bill, don’t eat out often.  It is better to pay more now for a low deductable plan now than big hospital bill later.

I believe in a two tier solution involving free market reformed along with personal responsibility.  This includes reducing regulation and moving health insurance away from employment to individually purchased plan in a free market system. At the same time we need to act more responsibility, putting necessities over  luxury, we need to think good and hard to put saving $150 a month over $150 a month cable bill, used care over $175 a month new car lease, and eating in over  eating out.  Do one really need to spend $4000 on Tv instead of saving that $4000 plus interest paid for future healthcare cost.  A average person could save 50,000 or more in 20 years winch could go into getting a higher deductible healthcare plan and  pay for long term insurance.