We buy home insurance, car insurance, property, and business insurance on the off chance that the unexpected happens; we will have a means of not being ruined over it. Insurance is a valuable and necessary part of our society. However, we have not been treating health insurance as insurance. Car insurance doesn’t typically include oil changes or fixing an engine. It’s there for cracked windows, collisions, and accidents, not daily wear and tear.
We need to return health insurance to its proper form, allowing insurance to be used when the catastrophic and unexpected happens. It should cover the treatment if you have an emergency medical condition.
Original source can be found here.
