We are often using the wrong terminology when we discuss the benefits offered to our public sector employees. I contend that our public school teachers, for example, don't have health insurance. Insurance is defined as:
the practice by which an individual secures financial compensation for a specified loss or damage resulting from risk of any sort, by contract with a company to which he pays regular premiums.
As our public sector employees pay little or nothing in the way of premiums, they are taking few if any financial risks. The taxpayer assumes the risks. It is not accurate to describe this benefit as health insurance. It would be far more accurate to describe the benefit as a taxpayer funded all-you-can-consume health care shmorgasbord.