
From a CNN article:
“Barry Schilmeister, health care consultant with Mercer, a global firm specializing in employee benefits, agrees.
“Most people are shielded from the true cost of care because all they pay when they go to the doctor is a $15 to $20 co-pay,” he said. “To me the catch phrase in 2010 will be ‘Taking responsibility.’ ”
Excuse me, but isn’t that the reason we buy insurance? So we’re shielded from some of those costs? It’s like arguing that we shouldn’t have car insurance because it shields us from the true cost of accidents.
I usually see this argument as a matter of libertarian PC—the free-market can’t fail, so it must be us consumers screwing it up—but here it seems to be more one of those bureaucratic euphemisms for raising fees (”No, we’re not taking more of your money, we’re making you more responsible.”).
I find myself wondering how many companies feel the need to make CEOs and upper-level management more responsible this way?