Does health insurance need to exist?

1 Answer

Answer :

answer:If no insurance existed, then people who had money would get care and live, and people without funds would get sick and die. Or they would not be cared for at hospitals after an accident. We would need about 20% of the medical infrastructure that we have today – probably one hospital per big city, and very few doctors offices. Most medical schools would close because the economics of paying for that education, and the likelihood of ever making it back, would fall away. Essentially, we would be about in the same position that Ethiopia and Sudan are today.

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