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The Illusion of Coverage: How Health Insurance Fails People When They Get Sick

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Locked into an eighty-year-old model that prescribes central planning for every aspect of the U.S. health system, America’s system of delivering health care has lost sight of the important role that consumers play in controlling health system costs and quality. Real world experiments suggest that people who pay for their own care cut utiliza- tion by 10% to 30% with no discernable effect on health. Saving even 10% of Wisconsin’s 2002-2003 health care spending would have saved $260 million. But how did this happen? How did the Wisconsin health care consumer become a passive cog in a very expen- sive machine? Interestingly, the answer has...
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The Illusion of Coverage: How Health Insurance Fails People When They Get Sick

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