I never did understand the idea of insurance... health or otherwise. It always reminds me of sitting at a Blackjack table in Vegas, and getting asked by the dealer if I want insurance. It works the same way out in the real world right? Although monthly insurance payments on just about anything (health care, car, house, etc) may seem relatively cheap given the item that you're covering, how often do you use said insurance? I guarantee it isn't nearly enough to equal what you're putting into it. That being said, why not completely do away with all types of insurance? Wouldn't this force those people who don't value their money, to actually put some of it away in savings "just in case?" Just about every kid is taught about the principles behind having a "piggy bank." Let's put those same principles to use now that we're grown adults...