The Democrats Eliminated Health Insurance
What “health insurance” means, or used to, is something like this: a financial product insuring against future medical problems, and having enough money to cover them at fair prices because it does not insure against past and current medical problems for the same price.
Democrats banned health insurance in America.
We can talk about how wonderful it is to have pre-existing conditions covered, but that doesn’t change the fact that requiring their coverage means banning health insurance.
Look at it this way:
Once upon a time, healthcare was getting more expensive in America. There was a financial product some people used to help with the expense. It was called “health insurance” because it was a financial product insuring against possible future problems, not paying for existing problems. That’s why it was an efficient product: The money going out of the pool was never more than the money going in, since people bought into the pool as insurance against merely possible future problems, and not all possible problems become actual.
America liked the idea of health insurance so much that we fell in love with the idea of a financial product that finances healthcare. We wanted to make sure that everyone had such a financial product–a worthy thing to want. Sadly, there was no easy way to make that happen, because some people already had actual problems. So health insurance, the reason we had liked these financial products in the first place, was banned.
In its place we set up a different product which did not insure against future problems. This new product bore the name “insurance” by a misnomer, or perhaps by a change in the English language.
This new product, alas, was doomed to inefficiency; the money going out of the pool could easily exceed the money going in because it was no longer an insurance against possible future problems. Hence the unConstitutional mandate to purchase health insurance, the solution to which is not to kill just the mandate, but to repeal Obamacare in whole.
But what about those pre-existing conditions? Don’t those people deserve help? Yes, they do. And that fact does not make a good argument for banning health insurance.