As we noted in an earlier post, our health care crisis is really an insurance crisis. Max Borders identifies three specific problems with the way insurance is regulated in this country — and outlines the three simple changes that would significantly improve both the coverage and cost of health care. So why aren’t we moving to address these problems?
I believe the majority party in Congress actually knows about these pathologies. In fact, I believe they are making concerted efforts at the state and federal levels to exacerbate these problems in the name of consumer protection and insuring children. Whether through expanding children’s Medicaid into the middle class (which drives up premiums), increasing the number of state mandates (which drives up premiums), or limiting competition through keeping the tax code intact (which drives up premiums), the party in power is using regulation to crank down the government vise in anticipation of a final outcry from Americans who are tired of paying these rates and who have no idea why it’s happening. And with that outcry, they will then be able to sell America a single-payer system like Castro’s.