Healthcare is already one of the most regulated and subsidized industries on earth. Everything is regulated from who can do what, to when it can be done, to how it can be done, to who can be sued depending on what happens. Some people get it for free, some people don’t.
Insurance is heavily regulated as well. If you live in State A, then you can’t buy insurance from State B. That inherently drives the price up and the quality down. That means fewer people get insurance — even though it’s lower quality. Welcome to the world of government destruction.
It’s the nature of politics. The free market operates with an extremely efficient “invisible hand” that guides peoples’ choices through prices. The price, in a free market, guides people to make the most efficient choices economically possible. What happens when you violate the free market? The economy is distorted, and wealth is destroyed. It’s inevitable. It’s an economic law. Obamacare: Attacking The Free Market
When it comes to insurance, more regulations and subsidies are coming like never before because of the infamous Obamacare law.
What will Obamacare’s result be? The same as always:
The price will go up, the quality will go down, people are going to lose their jobs, people will get fewer hours to work, and people will get a lot less of what they already desperately need. Complete and total economic failure.
Then, we know what the statists will say. It’s inevitable; it’s almost like clockwork. They’ll say that the “free market” failed again, and we need full-fledged socialism in healthcare.
Harry Browne was right about these people:
http://www.capitalisminstitute.org/when-obamacare-fails-theyll-blame-the-free-market/
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