The problem with this is that it creates moral hazard. There are lots of individual acts which are fun that I might engage in (e.g., gluttony, gay sex, inactivity, smoking, drugs) but which impose potential costs on others. Why is it reasonable for me to enjoy these benefits while others pay the costs?<p>One way to mitigate this would be with Singapore-style high deductible insurance - subsidies only kick in after you&#x27;ve spent 10-20% of your income on medicine.<p>See also &quot;too big to fail&quot;, federally subsidized flood insurance, student loan guarantees, etc, all of which have the same problem.