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Get ready for health insurance slumlords

by | 10:18 pm, March 21, 2010 | Comments Off

My latest article at Pajamas Media begins:

If you dislike your health insurer now, just wait until politicians impose price controls that make your insurer act like a slumlord. Expect worse customer service, skimpier plans, and more claim denials.

Price controls on rental properties encourage landlords to become slumlords. Forbidden from making a profit by renting at market rates, to make a living landlords must skimp on quality and service rather than please customers. The same will result from insurance price controls: lousy policies for people with preexisting conditions or for anyone who might get sick.

That is, everyone.

Read the whole article: Get Ready for Health Insurance Slumlords.

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