Quote Originally Posted by know1 View Post
But using it for your everyday prescriptions, check-ups and other minor things is not "financial risk". It's basically paying someone else to pay for your everyday needs.

If we went to a more catastrophic insurance model where people were not using it to pay for things every day, then it could be considered spreading financial risk.
Point well taken. I think the idea of complete health coverage originated with the HMO concept to health care. Prior to HMO most all health plans had deductable initial payments, then an 80/20 split payment with maximum out of pocket expenses.

Many current health plans have many of the elements of the HMO plans.

One of the problems is that just the cost of prescriptions can cause significant financial risks. I am in sticker shock over the price of some basic prescriptions these days.