The Road to Socialized Medicine Is Paved With Preexisting Conditions – Part 3

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, […]

The Road to Socialized Medicine Is Paved With Preexisting Conditions

Imagine that you live in a world with no medical insurance, you take the risk to start the first insurance company, and competition springs up. Then a customer walks in to your office and wants you to sell him insurance. He has pre-existing conditions, but expects that you sell him a policy at the same price as more healthy people. Yaron Brook and Dan Watkins explain the absurd implications of this at Forbes.com: The Road to Socialized Medicine Is Paved With Preexisting Conditions.

How to Insure Americans who have Pre-Existing Conditions

Published in Pajamas Media: People with pre-existing conditions deserve better than ObamaCare’s price controls. Free market reforms can provide it. Like a hammer that sees every problem as a nail, many politicians think the solution to every problem is legislation that erodes our liberties.

How many are uninsurable because of pre-existing conditions?

An HHS study says 1% of Americans have been denied coverage because of a pre-existing conditions. Economists conclude that less than 1% of the population is uninsurable. The individual market pools risks well, and that allowing insurers to risk-rate premiums would encourage innovative products like health status insurance.

How ObamaCare increases Colorado premiums

The Colorado Division of Insurance has published the “Effect of New Federal Requirements on Colorado Health Insurance Premiums.” Here’s a brief look behind the numbers.