Monday, September 17, 2007

Hillary's New Plan: You HAVE to Buy Insurance

It sounds great when at the end of the day every has to have insurance. What isn't quite so clear is how this is supposed to stop insurance companies from providing profit-driven care that has little incentive to a cure and every incentive toward building chronically ill life-time customers.

Hillary Clinton's new health-care plan will cost the taxpayers at least a hundred billion dollars a year and it will probably result in higher insurance premiums for people who have relatively good health.

Personally, I've never been healthier since I stopped going to the doctors but I guess they found a way to make me pay for the insurance, drugs, lawyers, and doctors anyway.

2 comments:

Troy Camplin said...

Yeah, the states came up with the idea that everyone had to buy car insurance too. They said insurance rates would go down. Of course, they didn't -- when you legally enforce a cartel, the price is naturally going to go up. If you have to compete with $0, you're going to have lower rates.

Anonymous said...

Interesting to know.