Explaining why health insurance companies should compete

Posted on Tuesday, Feb 12, 2008 at 10:54 AM in

Posted here because I couldn't do a good job explaining this at dinner last night: Why is competition between health insurance companies useful?

This is not the world we live in, but it is the world we should aim for and I am more than willing to consider how government might get us there.  (Mandating greater price transparency is but one step.)  But if we institute a single-payer system, or highly regulated mandates, we will never have much chance of arriving in that world.  Ever.  We will have a fairly static sector with high coverage levels but rising costs long term and less innovation.

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says

Posted Wednesday, Dec 31, 1969 at 07:00 PM

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