The paralyzing and debilitating effect of high octane risk aversion is evident among 99% of employers who sponsor group health insurance plans.
Employers compete for quality employees. Their basket of carrots include competitive wages and benefits governed by a strong dose of Motherhood. Tough love is banned. (Note: Exceptions include Texas school districts – an otherwise empty basket with only one carrot – Motherhood).
Trying something new towards solving rising health insurance costs has risk. Moving away from the warm and friendly managed care world to a free-for-all Wild West world where individualism eliminates moral hazard fueled by other-peoples-money is the day mother died and orphans made.
“We strive to take care of our children!” says plan sponsors. “We would never place them at risk of doctors and hospitals turning them away when they need care no matter what the cost or quality of care!”
Their children never grow up. They become dependent forever, demanding more and better health care gifted through the fruits of others, an entitlement mentality fueling the American Medical Industrial Complex.
Meanwhile the Iron Lung keeps Mother alive as long as the electric bill is paid on time. Dr. Ich Ra is standing by in case an outage occurs.
