Have you ever thought about why we buy insurance to handle risk in our lives? After purchasing auto, home, health and life insurance, you'll probably get a sales pitch from an appliance store sales person to insure your washer, dryer and fridge. Walk into an electronics store, like Best Buy, and out you walk with a new laptop computer insured against any failure for three years. Many credit cards come with "free 90 day theft and loss protection" in case someone steals your laptop or you … [Read more...]
High Health Care Costs Due to Lack of Competition
Unlike any other industry in the United States, the health care system is destroying our economy due to lack of competition. Despite all the arguments from health care experts, the "industry," a confluence of insurance companies, providers, pharmaceutical manufacturers, medical technology companies and lobbyists, is responsible for high health care costs. Breaking up the health care monopoly is a necessary step to halt price increases. Health insurance conglomerates, by far, are the biggest … [Read more...]