The Suitability of Mandated Insurance for Health Coverage: Why Car is Not Like Care
4 Pages Posted: 11 Sep 2009
Date Written: September 9, 2009
In the course developing a Health Care Reform package, some have advocated a provision for legally required and universal coverage as part of the solution, citing the mechanism of required automobile liability coverage as a basis. The proffered rationale for this provision is the ostensible lowered costs which surely would result, enabling insurance companies to charge lower rates, while still retaining respectable profit margins. This article demonstrates that inapplicability of the automobile liability paradigm as a model for addressing the health care problem. It also suggests that other than for catastrophic injury or disease or unexpected health costs, universal coverage cannot address the problems of universal health care.
Keywords: health coverage, health care, health reform, health insurance, universal coverage, unniversal care, health care reform, universal health
JEL Classification: L33, L32, L11, K00, K23, K33, I18, I12, I11, H51, H43,H42, H41, G28, G22, E64,E61, D63,, D45
Suggested Citation: Suggested Citation