Health Insurance Thought

I realized I think this when I was commenting on something in dpolicar's journal, and wonder if anyone out there has enough data to comment on it's accuracy:

One major distinction between health insurance and pretty much any other insurance, which renders claims that it can be handled by the market in the same way they are suspect: when I'm insuring an object (or an income, in the case of life insurance), I have already managed to afford that object in the first place, and so probably have an income commensurate with the value of the object and the cost of insuring it. Health insurance covers trying to fix something I didn't pay for in the first place (my/my family's health), so there is no reason to believe my income is commensurate to insuring my health.