Insurance, when prices are based on risk, sends clear signals about the relative safety of behaviors and can alter consumer choice for a safer and more stable society. But when certain parties seek protectionist policies to socialize risk, responsible people end up paying for the risky choices of others.
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Don’t socialize health care through private insurance
Four senators have introduced the “Supporting Healthy Moms and Babies Act,” which would mandate full coverage, no copays, no out-of-pocket costs for beneficiaries…
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America’s insurance commissioners still pursuing bad investment charges that EU is scrapping
Last month, a significant development took place in Europe that so far has not been widely reported in the US, even though it will likely…
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Why are America’s insurance commissioners trying to import harmful European rules?
With high prices and the threat of recession looming over America’s economy, another threat is emerging. Influential policymakers overseeing the U.S. insurance industry are on…