Thanks Fangz. It's interesting, blessedly brief, but I'm left wondering, "Where's the punchline?"
His points are correct, but there's no actionable recommendation for where we go from here. Surely he doesn't suggest the chaos of no insurance coverage for anybody for any reason, a brutal survival-of-the fittest-and-richest chaos.
I'm more comfortable with a system (single government payer is best) that spreads risk among all to take care of those who need it. And sooner or later, we all need it. Even if it pays for "normal" events like childbirth and periodic physical examinations and immunizations.
I am certain that at least 40% of the costs we presently pay are avoidable. They're caused by zero-value-added items like insurance company profits and overhead, paperwork costs generated only to feed a chaotic insurance system, indefensibly high private executive salaries, anti-competitive lobbyist victories for monopoly drug pricing, unnecessary CYA diagnostic procedures dictated by lawyers, and more.