Understanding the Constitution: the 14th Amendment: Part I
- November 15, 2021
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.
READ MOREPublished 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.
READ MOREThe government takeover of medicine & medical insurance has been an incremental process. At Forbes.com, read about the “general pattern of the expansion [where] advocates point to some group in real or alleged dire need and declare that Washington has a duty to act.”
READ MOREAn 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.
READ MOREThe 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.
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