Raymond Richman - Jesse Richman - Howard Richman
Richmans' Trade and Taxes Blog
Let 50 different health care flowers bloom!
The U.S. Supreme Court may be about to declare Obamacare to be unconstitutional. This would throw the health care ball back to the states, who can look beyond their borders to find out what works.
Obamacare required much too much in the way of coverage, much too much in the way of "free" care and much to much in the way of mandates. One recently publicized example: It even requires that insurance policies provide free birth control pills to single women attending Catholic universities. The inevitable result: higher premiums, increased government spending, increased business costs, price ceilings, shortages and rationing.
In contrast, some of the states are coming up with economically-sensible plans. Take North Carolina for example. In a class essay, one of my students reported her family's experience moving from New Jersey to North Carolina. She wrote:
If states wish, they can enact an Obamacare-like system which would raise insurance premiums, government spending and business costs. Alternatively, they can choose a North Carolina type of system which combines free markets with a government-funded safety net. Meanwhile, the federal government should get out of the way! Let 50 different health care flowers bloom!
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