Here is a link to a piece on Planet Money from National Public Radio regarding health insurance.
"How much would you pay to protect someone or something you love? Kristin Zorbini Bongard and her husband love their pet hedgehog, Harriet, so much that they spend about $80 a year on health insurance for her. Even with the coverage, they shelled out $1,911.20 for the hedgehog's cancer treatment.
Economist Tim Harford, the Financial Times' Undercover Economist, who admits to not being a pet person, says the problem with pet insurance is not that it's for pets. It's that it causes waste, because you're spending someone else's money."
http://www.npr.org/blogs/money/2009/10/podcast_insurance_for_a_hedgeh.html
Friday, October 23, 2009
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Human health insurance is regulated and now the topic of intense federal activity. Should animal health insurance be regulated? I suspect farmers insure their herds for loss, but do they buy health insurance for them?
ReplyDeleteReally? Health insurance for hedgehogs? Not sure if that's necessary...
ReplyDeleteOf course it is not necessary! But what about health insurance for peaople? Why does it differ?
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