For health-care reform*, less government means more competition
About two years ago, when my then-health insurance carrier wrote me announcing yet another rate increase significantly above the rate of of inflation, I called to complain and asked why I couldn’t get a discount for my good health and physical fitness. They told me the company was prevented by law from offering such discounts.
To that end, in his one-page summary of sensible health-care reform, Jeffrey Anderson offers a simple cost-free solution to make health insurance more competition:
Allow lower premiums for healthier lifestyles. Existing federal regulations ban private companies from offering more than a 20 percent discount to those who eat and drink in moderation, exercise, or don’t smoke. Such regulations handcuff private efforts to reward healthier lifestyles and to thereby cut health costs — and they should be eliminated.
Via Jennifer Rubin. Not only would this allow health insurance companies to offer more policies, but it would also promote healthier lifestyles and discourage obesity without nanny-state style regulations (e.g., limiting the types of foods restaurants can offer). If there’s a financial incentive to staying in shape (as in lower insurance costs for fit people), more people might slim down to save a dime.
While the George Soros-funded HCAN runs TV ads says that a government (AKA public) plan is necessary to increase competition, actually the opposite is true. Less government involvement in the health care market would allow companies to offer more choices, thus increasing competition. And likely lowering costs as well.
Even a New York Times article about a Colorado woman who “was denied insurance by one company because she had had a Caesarean birth” shows how this is so: (more…)







