Thursday, February 25, 2010

A 19th Century Idea for Health Reform

From the NY Times.

"The simplest arrangement would award the bonus to those who did not consume more than a threshold value of medical care during a three-year period, potentially excluding preventive care. Ordinary health insurance provides a tangible benefit only when you need health care. Tontine insurance pays a cash benefit when you don’t use it, as well as covering your medical expenses when you do."

This is primarily billed as an enticement for the younger workers, but I'd be open to it.

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