Quote from Hook N. Sinker:
I often wonder what might happen if millions of uninsured people living in the USA need health care but do not have money to pay. I believe health care industry is not stable. I can not predict the future and have no idea when big changes may happen. One timing clue might be changes in the long term behavior of medical service provider stock prices.
I live in Florida and my neighbors are mostly old retired people. I recall being told by my neighbors that once the doctors learn that a patient is on medicare the doctors schedule every test that they know medicare pays for. I believe this is a scam, the tests are not necessary, the medical community knows how to get money from medicare.
Patients seem to visit the doctor with every little trouble because medicare pays. I believe my neighbors cause much of their own illness. I see trash cans have lots of liquor bottles in them. Some of my neighbors smoke, nearly all are overweight, and only a few get what I consider to be significant exercise. My taxes pay for the consequences of their health habits.
I believe a solution to the high cost of medical care is to have no medicare, no health insurance. Everybody pays cash. Suddenly financial discipline is restored.
I have no health insurance because I prefer to pay cash for my medical services. I am stingy and cheap. The medical people try to sell me all kinds of services but I tell them to stop being salespeople. They do not like me.
My 84 year old neighbor gives me the following advice: "Stay away from doctors."