Government Insurance?

It’s impossible for the government to provide insurance. It’s misappropriating the word “insurance.” It’s just consumption. So-called insurance is paid for coercively by taxes. Paid by those who don’t need to have it. It’s an undue burden on them. This also increases the moral hazard of any situation which is protected. Many people will engage in risky behavior due to the fact that the consequences are paid for by someone else.

Car insurance doesn’t cover oil changes. It covers catastrophic events. The state pressures health insurance companies to provide for more than catastrophic services. As the insurance companies cover more and more, people who don’t need it begin to drop out because it’s too expensive. The insurance companies can’t afford what they cover so they get the state to make insurance compulsory. People can now visit a doctor for blood pressure.

Read More: https://mrdevinney.com/government-insurance/