Individual health insurance: Solution for the New Economy? (Part 1 of 2)

Heartland Institute
Posted: May 6th, 2007 by Steve Trinward
Author: Merrill Matthews Jr., Ph.D.

“The employer-based health insurance system was born during World War II, when the economy and the health care system were very different than they are today. That system worked well for a while, providing millions of working Americans with good health insurance and good health care. But over the past decade, the limitations of employer-based health insurance have become increasingly apparent. A health insurance system created at a time when workers — almost always the husband — held one full-time job, often in a factory and usually for relatively long periods of time, may be an anachronism today, when both husband and wife often work, not for one company, but several jobs, or are self-employed. And it has no relevance to the growing population of Americans who lack health insurance and so must rely of personal resources, government programs, or the charity of others when they need medical attention. In short, a New Economy demands a new health insurance model.” [editor’s note: A reminder that this argument is hardly new, altho the author still focuses on “insurance” as the primary goal. (part two of this nearly 6-year-old treatise is here.) - SAT] (10/01/2001)

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