re: #450 mikhailtheplumber

Thanks. I’m of the opinion that the primary reason that insurance is so expensive because laws mandating certain coverage preclude it from being insurance anymore (i.e. a hedge against an uncertainty) and force the insurance companies to become subsidizers (which they in turn charge the insured).

As for costly equipment:

[…] The fact that you almost have to mortgage your house to get an ultrasound scan cannot be explained by simple costs. […]

Hyperbolic much? 4D ultrasound of my son (vanity service), without insurance was $400.00, no mortgage necessary.

The fact of the matter is that medicine is VALUABLE, it should be pricey. Insurance should be allowed to be just that… a means of managing risk, not a means of subsidizing definite occurrences (use a different vehicle/service towards those ends).