The healthcare insurance quagmire as a linguistic problem

Source: Independent Institute
by Robert Higgs

“The federal government and the state governments have intervened haphazardly in the health-care insurance business so pervasively and for so long that by now the whole setup is nothing but a gigantic mess that flies in the face of the insurance principle and dictates a host of requirements that make no sense except as answers to the prayers of special-interest groups and rent seekers. Once a net benefit has been created, however, each beneficiary group will scream to the heavens if reforms should threaten to remove its privilege, and legislators will be reluctant to buck such organized political insistence on continued subsidies and privileges no matter how irrational these interventionist distortions are as components of an insurance system.” (05/08/17)

http://blog.independent.org/2017/05/08/the-health-care-insurance-quagmire-as-a-linguistic-problem/