Yaron Brook & Don Watkins of the Ayn Rand Institute write:
[W]ithout exception, the actual problems they point to are not caused by the market, but by government intervention–and the outcomes they denounce which are a product of the market are not really problems at all.
Take the preexisting condition “crisis.” On the one hand, there is something wrong when people who are pushed into buying health insurance through their employer and then lose their job, lose their insurance and are unable to buy a new policy thanks to preexisting conditions. But as we’ve argued, that’s a situation created by government intervention, and would not arise in a free market.
On the other hand, is it really a problem that sick people have to pay more for insurance than healthy people?
Read more The Road to Socialized Medicine Is Paved With Preexisting Conditions, Part 3.
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