Thursday, September 17, 2009

Armstrongs On Pre-Existing Conditions

The September 14, 2009 Grand Junction Free Press has published the latest OpEd by the father-and-son team of Linn and Ari Armstrong, "Restore free market to address preexisting conditions".

Here's an excerpt:
The fundamental issue is not profit versus nonprofit, but freedom versus force. The problem with insurance companies is not that they seek to make a profit, but that they must operate as de facto agents of political overseers who call the shots.

On a truly free market, in which insurers and their customers were free from today's political controls, people would tend to buy insurance directly, rather than get stuck with the few non-portable plans their employer chooses for them.

In a free market, insurers would be free to offer more plans to more people, and consumers would be free to shop around, regardless of state boundaries. Politicians would no longer coddle insurers with protectionist controls and tax favoritism.

In a free market, insurers would compete on the basis of quality, security, and transparency of contract. Today, because of political controls, insurance companies face little real competition, and they would face even less under Obama's policies.

In a free market, insurance companies would be able to offer long-term policies that today are politically impossible.
This is the argument that our politicians need to hear.