Yesterday, I received a letter from a health insurance company. It said that my policy would be cancelled in 2014 because it will not be acceptable under the new federal law. The deductible is too high, you see.
As we watch the debacle unfold, let us mull over alternatives. We could do some or all of the following:
1. Break up the hospital cartels. The feds break up other cartels and monopolies, but why not the hospital cartels?
2. Allow the purchase of health insurance across state lines. That this needs saying is deplorable.
3. Remove the coverage requirements placed on policies by state governments.
4. Encourage the purchase of actual major medical insurance instead of very low-deductible policies which are in effect pre-paid medical care services.