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Old 01-08-2007   #2 (permalink)
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Re: Is Health Insurance Socialism?

Consider if the insurance industry was require to go capitalists instead of socialist. The healthy would get lower capitalists premiums but may still contribute to the commune pool, but less than before. Those who are used to consuming extra resources beyond the free market nature of captialism, would have to cut back toward the free market level. This would create an excess of medical goods and services, causing the price to drop for everyone. It comes down to demand side insurance capitalism driving prices down. Supply-side insurance socialism causes the prices to increase.

Last edited by HydrogenBond; 01-08-2007 at 06:42 AM..
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