It’s illegal to sell true health insurance in America. With true insurance, such as auto insurance, we pool our risks to reduce the financial burdens brought on with unforeseen accidents or illness. Insurance originated with churches and labor unions, then moved toward large companies. The key word is “unforeseen”. If something is known, it is not a risk and therefore cannot be subject to risk-pooling insurance. Obamacare forbids any exclusions from health plans, many of which are not “unforeseen”. Health insurance in America today is prepaid health care with no price transparency and skyrocketing premiums due to overconsumption. Providing real health insurance would offer large cost savings to all patients and would encourage thrifty choices when planning medical care. The pre-Obamacare system can’t be called “free market”. In a free market plan, people would be able to buy plans across state lines, buy catastrophic plans combined with medical savings accounts, buy portable policies, and pick and choose what they want covered. For those who cannot or will not take these precautions, there are still plenty of charitable groups and institutions to offer assistance. Market solutions are quite preferable to government solutions. Obamacare has not fixed nor improved the healthcare system. The only solution to bring down costs is to remove government from health care.
Gibson, Warren C. “Health Insurance is Illegal.” The Freeman. Foundation for Economic Freedom, 26 May 2015. Web. 31 May 2015.