Economic question. What would be some consequences if health insurance wasn’t around and everyone had to pay from their own healthcare?
- socialistpbLv 611 months ago
Poorer health, shorter life-spans.
- OiyLv 611 months ago
There will be no moral hazard, means people will not care more about themselves. But some people will go broke. The healthy guys need not pay for the ugly anymore. The insurance tycoons will have to find some new jobs. In developing countries, it is an opportunity to cheat people.
- KennyLv 711 months ago
The cause of health care would go down because people couldn't pay more and more .
- ZirpLv 711 months ago
Lots of people would die or become crippled for no good reason
Lots of people would spread infectious diseases