Wednesday, July 15, 2009

Health Insurance is an Inverted Ponzi Scheme

I don't want this mess, but in the last 2 years my catastrophic coverage on my personal 5000 deductible policy has doubled. I'm thinking of going naked. There must be a balance somewhere. This inverted ponzi scheme must end. But when I saw this video I shuddered. I hope someone slaps some sense into me. The health care mess in this country is to the point where almost a third of my income goes to insurance that doesn't pay for anything has to stop. Sure I go on medicare in a year. But my wife doesn't. We must get this handled. Business as usual doesn't work, but this doesn't either. Ideas?

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