Posts by category: Health Care Costs and Insurance

Would health care costs be lower if there was no insurance?

Health care costs can be a significant burden for individuals and families. But, would they be lower if there was no insurance? In many cases, the answer is yes. Without insurance, providers would have no choice but to charge lower prices for their services, allowing patients to save money. Additionally, without insurance, patients would likely be more diligent in seeking preventative care, which could help reduce long-term health care costs. While insurance can be beneficial in some cases, it also has the potential to drive up costs, making it an expensive option for many.