You know, I really kinda like the idea on the surface. Portability is something that I think is desirable. Likewise, the idea of having a wide array of options as a consumer and the promise of competition lowering costs is tempting.
The worst case scenario from my standpoint is that you make things better for low risk individuals but financially out of reach for those who really need coverage. Insurers want to insure healthy people.
I don’t believe in government waste but neither do I believe that we should simply throw up our hands and declare that government is unable to provide a solution. The free market has not provided one either.
In the case of automobile insurance the states mandate coverage and regulate guidelines for minimum coverage which creates in my opinion at least a better framework for consumers to make choices and a guaranteed market for insurers to compete.
You can live without a car, healthcare not so much.
How’s that Hope and Change working out for me? Well, I got better insurance coverage. I had to pay for it and it might increase but I am better off than I was last year.
