We don’t really have an “insurance” system, in which you pay regular premiums but when you get sick you get taken care of. We don’t really have a “savings” system in which you pay into an account that you can use to pay your bills. It’s not that it’s a hybrid, but that it’s neither. We pay regular premiums, maybe for years on end that we don’t see a dime back. And we are still subject to bankrupting bills when we get sick.
