Category Archives: Insurance BS

JUST SAY “NO” TO MANDATES

In addition to encroaching on individual freedom and increasing unemployment, health insurance mandates do not achieve their ostensible goal–universal coverage. Among those who have pointed that out is Robert Reich. In a piece decrying Hillary Clinton’s attacks on Barack Obama, he writes the following:
We know from experience with mandated auto insurance–and we’re learning from what’s happening in […]

McCAIN ON MANDATES

Unlike John Edwards and Hillary Clinton, John McCain understands that health insurance mandates are a bad idea. Yesterday, during a campaign stop in New Hampshire, he said mandating health insurance makes about as much sense as requiring everyone to buy a house:
I’m not going to mandate that every American have health insurance. I’m not going to mandate that […]

Health Care Cost Sharing: How Real People Behave

Anti-HSA types often try to counter pro-cost sharing arguments by constructing elaborate hypothetical scenarios filled with arbitrary assumptions. These confections typically begin as Paul Krugman’s does in this op-ed:
Imagine what would happen if there were only one insurance company, and everyone was required to buy the same insurance policy …
But we don’t need to ”imagine” how people behave […]

Health Savings Accounts and the Risk Pool Myth

A favorite talking point of the anti-market crowd holds that Health Savings Accounts won’t work because they will undermine the beneficial effects of large all-inclusive “risk pools.”
HSAs would, according to the “risk pool” argument, create mutually exclusive insurance markets for the “healthy and wealthy” and the “sick and poor,” allowing insurance companies to pillage the […]

Massachusetts Meltdown

One the weirdest delusions nursed by advocates of “universal coverage” is their belief that a state decree requiring everyone to buy insurance will solve the uninsured problem.  Like so many ideologically-driven fantasies, this delusion has not been treated well by the world of objective fact.
Exhibit A in the case against mandated universal coverage is the […]

Why the Health Insurance Industry is Backing Hillary

Many observers are confused by an apparent change of heart on the part of the insurance industry regarding Hillary Clinton. Why, they wonder, is “big insurance” contributing so heavily to a left-leaning politician for whom they once harbored such antipathy? 
Kevin, MD links to a post by Dr. Rich, who theorizes that the insurance industry is […]