Wont effect me. Keeping money for emergencies is better than pouring it into the hands of people preying upon your fears. If your not good with money you should have insurance of course but having cash will get you better service than any insurance plan.
Delirium is right. Unless your a millionaire and sometimes even if you are. There are all sorts of things that can drain your bank account real fast
examples
One of the newly approved prostate cancer drug Provenge, is expected to cost $93,000 per patient.
Here is an article writen by a cancer patient about the costs involved and a breakdown (Almost $30,000 a month)
"The annual cost of my cancer care is more than $300,000"
http://www.assertivepatient.com/2007/02/the_high_cost_o.htmlThe cost of treating the complications of diabetes averages $10,000 per patient per year
http://diabetes.webmd.com/news/20070410/diabetes-complications-cost-billionsA look at 1990 hospital discharge data from Santa Clara County in northern California reveals how inpatient costs drive up the total bill for cardiac care. While the average length of stay for all discharge categories was 4.6 days, patients with heart-related diagnoses were in the hospital an average of 5.5 days. The overall average dally charge was $1,804 per day, versus $2,833 per day for cardiac patients. Finally, heart patients' average cost per stay was $16,722
http://findarticles.com/p/articles/mi_m0903/is_n12_v13/ai_17779001/Kidney transplant
""The cost of kidney dialysis averages about $44,000 per year per patient, using 1993 figures. The average cost for the transplant patients in our study, including the transplant surgery and medical care for the first year following surgery was $89,939. After the first year, costs for the transplant patients averaged $16,043; mostly for medications to prevent rejection."
http://www.umm.edu/news/releases/kidcost.htmI could go on and point out that some treatments can very quickly run into teh hundreds of thousands of dollars per patient after all is said and done.
Im not a fan of the new health care. But to assume that by being "good with your money" and you will be able to pay cash for any ailment that might befall you is naive if not outright moronic.