It's rare that I find myself agreeing with a column by Eric Zorn. But since I've been saying this for several years, I'd be hard-pressed to change my mind now. :)
The individual mandate is a compromise attempt to avoid the obvious solution: Let government — not private companies — provide single-payer, catastrophic health coverage for everyone.
It's not the obvious solution; it's one of several...and the worst one. The best solution is too large for the margin of this book, but:
encourage employers to stop providing medical insurance, and to transfer their current expenditures for that into employees' salaries
adjust the tax code so that expenditures for medical insurance and MSAs are non-taxable, inheritable, and with high-enough limits to absorb the "pay increase"
use the Commerce Clause (appropriately) to enable individuals to purchase such insurance from any provider, in any state
create a Federally-chartered, non-tax-funded, non-profit insurance entity to provide basic medical insurance to anyone who wants to buy it...but at actuarially-sound rates
Simple, obvious...and wrong.
Date: 2010-03-27 12:13 am (UTC)It's not the obvious solution; it's one of several...and the worst one. The best solution is too large for the margin of this book, but: