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"insurance that only pays for catastrophes would take care of many of those problems"

This is what you started with. As we've conversed I've become increasingly doubtful of the claim.

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Be honest. You didn't believe that claim from the start. I, on the other hand, am becoming increasingly doubtful. You'd have to set pretty severe limits on what's covered.

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Apr 22Edited

I neither believe nor disbelieve that catastrophic-only could work. Through this conversation I see more reasons to be doubtful. Doesn't mean it couldn't be somehow made to work. A lower bar is working a bit better than what we have today.

And maybe Sowell has a very detailed plan for how to implement his vision for healthcare finance but he what he stated in the book had huge holes and I doubt he has figured out how to full them.

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