Why no insurance?

chart Administrator costWhen Dr. Garcia opened his medical practice in 1987, medical care was managed by the physician and the patient. Most people paid for their routine medical care, with the help of a major medical policy if they encountered extraordinary expenses. Since then, insurance companies and government have become more intrusive, deciding which medications and procedures are allowable and at what price, keeping a large portion of the healthcare dollar for themselves. By purchasing Minimal Essential Coverage, Catastrophic Coverage, or participating in a Healthcare Sharing program, you and your doctor again make the decisions about your health.

“It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication, and a government bureaucracy to administer it.” – Thomas Sowell, American economist and author, currently Senior Fellow at the Hoover Institution, Stanford University

While Professor Sowell specifically mentions government bureaucracy, the chart above points out that most of the increase in healthcare expenses is administration, including insurance administrators and government.