Catastrophic Insurance Quotes & Sayings

Having no national system of catastrophic health insurance, we have, through the courts, managed to patch together pieces of a not very satisfactory one. — Andrew Tobias

We should allow people to purchase health insurance across state lines. That will create a true 50-state national marketplace which will drive down the cost of low-cost, catastrophic health insurance. — Ted Cruz

Only if everyone buys insurance can insurers afford to cover people with preexisting conditions or pay the costs of catastrophic diseases. — Robert Reich

Insurance is meant for extraordinary circumstances. You don't use car insurance to pay for oil changes or gasoline; you have it as protection in case you have a terrible accident or your car is stolen. You don't use homeowners' insurance to pay your electricity and water bills; you have it as protection in case a fire or other catastrophic event produces a large expense. Obviously, any insurance policy that promises to cover every small, ordinary expense is going to be much more expensive than one that covers only extraordinary expenses. — Harry Browne

Henceforth, federal, state, and local governments shall make no law nor establish any program that transfers general tax revenues to some citizens and not to others, whether those transfers consist of money or in-kind benefits. All programs currently providing such benefits are to be terminated. The funds formerly allocated to them are to be used instead to provide every citizen with a Universal Basic Income beginning at age twenty-one and continuing until death. The maximum annual value of the grant at the program's outset is to be $13,000, of which $3,000 must be devoted to catastrophic health insurance. — Charles Murray