“Is there something special about health insurance that makes it crisis-prone? I mean, we never hear about the horrible “house insurance crisis” or the “spiraling cost of auto insurance.”
It wouldn’t be too hard to create such a crisis though.”
This article from Capitalism Magazine explains how. It would be easy to do – just let the government be in charge!
Thanks to my son for sending me the link.
Jan 26, 2007 @ 22:53:03
Geez, don’t give ’em any ideas……
Jan 27, 2007 @ 18:52:44
Already been done…. In New Jersey, of course. Auto insurers started to jump out of state until even Trenton Pols saw the light and began making things a tiny bit better for the companies. Not the insured mind you…they still get scr@wed.