The seven percent solution
Dave Price writes about choice and risk:
Ace makes a great point on one of the many problems in the health care bill:
On Fox & Friends, they offered another good talking point: Currently 90% of all Americans are covered by insurance. Obama’s vaunted plan will cover, theoretically, another 7%.
So: We’re destroying the entire system to move from 90% to 97% coverage? And that 7%, of course, includes a lot of young people who think they don’t need health insurance because they’re young and healthy (and, in fact, they’re right, according to the statistics; even more right when you consider that each young person is forced to pay way too much for health care, as he subsidizes older customers).
I’m one of those people. I don’t have health insurance now, and I haven’t ever carried it when I wasn’t working a W-2 job, because I’m generally healthy and don’t particularly want to subsidize people who are more likely to require medical care. It’s possible, of course, I could regret this decision due to circumstances beyond my control, but I’d prefer to put that money into investments and play the odds by making an effort to stay healthy via exercise and supplements and generally engaging in low-risk behavior.
It would be great if everyone talking about this issue read Dave’s piece, in its entirety, to just be exposed to this perspective and his typically lucid analysis.
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