Thursday, February 15, 2007

More Dumb Ideas

This one from our own US Senate: Raise the Price of Health Insurance! (This comes via the Cato-at-liberty blog.)

It's not that they actually are proposing mandated cost increases. Just more mandated coverage - if your an insurance company and your policies cover mental illness, than you must cover mental illness to the same extent that you cover physical illnesses. Now to be fair, we have lots of laws like this- but my point is that they're all stupid. As the Cato blog points out mandates always always always raise costs. Imagine how much cheaper health insurance could be if we got rid of mandates and stopped having stupid ideas like this one.


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