No. of Recommendations: 1

My point is there are options to traditional insurance 3rd party payer and Gov Single payer emerging. More and more people I know are taking advantage of them. Medical cost sharing in particular is on the rise among my cohort. Led by some who have been relying on it as we all watched on for many years (decades) now. And many of us are now shopping for a direct pay subscription primary care doc local to us.

Don’t get me wrong. It may work out ok for you, and if so, go with God and all that. It’s certainly nice to have the privilege of doing that, if you 1) can afford it and 2) live in a geographic area where it’s possible and 3) you don’t have known medical issues that would make it a problem.

But again, as someone who works in this general area, I can definitely see the pitfalls for individuals who may have catastrophic medical issues, and I also think it’s maybe not that great for society as a whole to have yet more stratification. More and more docs will go to the elite concierge model, leaving those who can’t afford it to have fewer and fewer options for healthcare.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.