Logen Kain on Nostr: Well that's the thing, insurance is what makes health coverage expensive. Costs would ...

Well that's the thing, insurance is what makes health coverage expensive.

Costs would have to be lower to get enough business.

And hospitals wouldn't run extra tests just to get insurance companies to fund new equipment.

And there is the hospital/doctors side.

Hospitals and doctors pay boatloads for insurance. If the medical field could bypass the need for liability insurance, costs would go down.

And with all that, there's no reason we can't still have health care for people who can't afford it.

We could look at the housing market as another example.

If loans werent a thing, houses would be far cheaper than they are today. Most folks don't have 300k liquid to drop on a house.

A quick search shows people in the US earn ~60k a year. Goods and services that market to the majority of the people have to fit that budget.