Catastrophic Insurance

Why doesnt governement just provide catastrophic state insurance?

Insurance companies would love it because it takes out the down side risk for them.
Much of this ends up as bad debt and everyone that wants to get insurance for healthcare could get it. People could chose the to be self insured or buy insurance.
Although 85% are insured, unless you have a cadillac plan you will end up bankrupt after a million dollar cancer bout.

Yes, I agree, that the government involvement should be for providing coverage for catastrophic risks, the kind that bankrupts or kills people whether or not they have Health insurance. I don’t have your confidence in the state. It would be much better for this to be done at the federal level.

And, yes, any other Health Care coverage should be voluntary. It is draconian that people who don’t even believe in the efficacy of those chemical based drugs would have to subsidize the people who use them and those who run to the doctor’s office for every little sniffle.

What Happens to Me if I Have a Medical Catastrophe I Cant Afford?

Defining Moments $19.99 Marius Barnard is best known as a member of the pioneering medical team that performed the world’s first human heart transplant at Groote Schuur Hospital in 1967, with his brother Chris. But his achievements extended into other spheres. He was an active anti-apartheid campaigner and MP for the Progressive Federal Party, he worked to improve cardiac surgery standards behind the Iron Curtain and glo…

How to Protect Your Life Savings: From Catastrophic Illness and Nursing Homes: A Handbook for Financial Survival $3.88 How To Protect Your Family’s Life Saving from Catastrophic Illness helps families protect assets both when there is time to plan through the use of long-term care insurance and in a crisis. This book gives you the latest information about how: Long-term care is financed including an in-depth look at why Medicare, the VA, and Medicaid will not pay for your care, to properly evaluate long-term car…

The Medicaid Planning Handbook: A Guide to Protecting Your Family’s Assets From Catastrophic Nursing Home Costs $7.29 A guide for seniors, disabled individuals, and their families explains how to preserve personal assets while ensuring long-term care, covering such topics as interfamily transfers and trusts. Tour….

Keeping Hope Alive (Paperback) $11.76 In this fearful and cynical age, when doom-and-gloomers forecast catastrophe and fearmongers try to get us to hedge our bets on the future with insurance policies and safety nets, we need to rediscover real hope. Lewis Smedes says, “Hope is as nati…

Catastrophe Bonds (Paperback) $14.85 Description not available.