Yes, citizens should take out private health insurance, because it is a good financial product to someone who is interested in sound financial planning. People take out insurance to mitigate financial risks. A large risk is health risks. Because medical bills cause a large number of bankruptcies, taking out insurance to mitigate that risk is responsible.
Most Americans disapprove of heavy gambling. Not having insurance is proven to be a pure gamble. In the flash of an eye, a family could be financially devastated with long lasting effects. No one can predict these life-altering events. We can only protect ourselves by insuring ourselves. Sometimes that means the best deal is to buy a private policy.