Cry Havoc, And Let Slip The Dogs Of Unintended Consequences!

It looks like health care "reform" will pass.

Nick Gillespie asks: How Many Americans Will Choose to be Uninsured Even if Insurance is Mandatory?

This problem is MUCH worse than it seems at first glance.

Since there's no PEC (pre-existing condition) denial anymore, you aren't buying insurance, you're buying the right to exchange your medical bills for premiums. As a rational actor you would of course only do this when the latter became greater than the former.

This means more and more healthy people will drop out of insurance, buffered only by the stickiness in the fact that employers provide a lot of coverage and don't usually offer cash equivalents (yet) and the fines (which are tiny).

Premiums will skyrocket as fewer people are paying in more than they take out. Some rational employers will respond by offering employees cash and telling them "Hey, if you're healthy, why not take cash? It's not like you can be denied coverage!" More people will drop off, and premiums will go even higher. Rinse and repeat.

It's hard to see a good end to this...

posted by Dave on 12.21.09 at 02:09 PM





TrackBack

TrackBack URL for this entry:
http://classicalvalues.com/cgi-bin/pings.cgi/9171






Comments

Yes, the point here is that this isn't about healthcare. It's about control.

Would also be interested to see the number of people who will NOT pay for abortions. One survey I saw regarding Iowa (I think)showed the percentage of people who do not want federal monies to go for abortion as over 65% (even in the liberal areas)

I can honestly say: My money will NOT go for abortions. Period. Forcing people to pay for the murder of innocent babies in the womb seems unconstitutional to me (as I believe this bill is).

Charlotte   ·  December 21, 2009 03:15 PM

Post a comment

You may use basic HTML for formatting.





Remember Me?

(you may use HTML tags for style)


December 2009
Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

ANCIENT (AND MODERN)
WORLD-WIDE CALENDAR


Search the Site


E-mail



Classics To Go

Classical Values PDA Link



Archives



Recent Entries



Links



Site Credits