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Repeal and Replace Just Ain't Happening
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Quote:Obamacare proved that without the option for non participation price control is impossible. If everyone was forced to buy car insurance the price would sky rocket because it's mandatory participation. The cost of insurance has nothing to do with claims paid out, that's the line they sell you. It has everything to do with supply and demand. Infinite demand equates expensive supply. There is no supply constraint on insurance. They can issue as many policies as they want. So supply of car insurance is theoretically unlimited. And there is competition among car insurance companies. I see the commercials constantly on TV. |
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