4min chapter

Capitalisn't cover image

Rebooting American Health Care, with Amy Finkelstein

Capitalisn't

CHAPTER

The Importance of Health Insurance

If you currently have private insurance and you chose in our system to stick with the universal basic coverage that's automatically provided, you would have two clear benefits. First, no risk of gargantuan out-of-pocket medical expenditures for supposedly covered essential care. That's how a large number of other countries do at Australia, Singapore, Israel,. And then they encourage, in some cases, people who want air conditioned hospital room rather than a quote unquote, naturally ventilated one.

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