Richard Rathe, MD

Associate Professor of Family Medicine (ret.) and Medical Informatician

Archive for March, 2011

Why Health Insurance is Different

Posted: Mar 27th, 2011 •• Category: Medicine

At the most basic level, insurance is all about sharing risk. For example, a group of one thousand homeowners band together to create an insurance pool to protect against fire. If homes are worth $100,000 and there is one fire per year, they would have to chip in $100 each. Fortunately the risky event is […]