You've heard it on just about every talking head show whether on radio or television. It's the debate about Obamacare and the Liberal argument about so many million losing their health insurance. They portray it as barbaric and black-hearted. But it was their champion who blew-up the health insurance market. That said, there is a fix.
The costs for individually purchased healthcare would decrease dramatically if we got back to the idea of hospitalization insurance, i.e. insurance meant solely to cover bill in the event of a person's hospitalization. Some call it catastrophic insurance.
If Democrats under Obama would have been smart - and the jury is back with the verdict that they were not - they would have limited Obamacare to hospitalization. The cost of the "marketplace plans" would have been dramatically less because it would have covered dramatically less. It was their insistence that Obamacare cover everything from catastrophic hospitalization to unnecessary wellness visits that made the idea untenable. It is also the reason it must die.
Not too long ago - within my lifetime, most families had hospitalization insurance and covered the cost of routine doctor visits out of pocket. When the math is all said and done the cost of an average families medical expenses is much less than the cost of maintaining a "comprehensive" plan that is seldom used.
Couple that with meaningful tort reform so that frivolous medical malpractice lawsuits are dramatically minimized or eliminated and we just may be able to see healthcare costs return to manageable levels.