Wednesday, September 9, 2009

Private Insurance for the Non-Insurable is Doable

Another of many health insurance ideas on which I have some pertinent comments.

Private insurance for all is doable, if the pool is large enough. To do so, states and the federal government must break down the barriers they place on insurance companies. Here are some suggestions:

One: Permit the sale of health insurance across state lines.

Two: Make sure health insurance groups are large enough to spread risk.

Three: Permit risk distinctions, so that high-risk individuals get insurance.

Four: Immediately institute tort reform, including mandatory arbitration by special courts of patient claims, and the elimination of legal fees.

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