Hey everybody! I’ve got a plan that will provide high-speed broadband service to every American! Wanna hear it? It’s simple: Just have Congress pass a law forcing every American to buy high-speed broadband service!
I’m kidding, but these people aren’t:
WASHINGTON – The health insurance industry says it will support a national health care overhaul that requires them to accept all customers regardless of pre-existing medical conditions.
In return, the industry said Wednesday, it wants Congress to require that everyone buy coverage.
I guess that’s one way to avoid adverse selection. This is the classic request of any regulated industry: Regulate us more so we don’t have to do the hard work of competing. Just watch, dividing up the market is next.
Leave a Reply