Mandating Healthcare Insurance

Don't be fooled by the drop in the health insurance sector.

I can see it coming. We're headed for a mandate. Both doctors and insurance companies are going to be able to command a person's income into oblivion on something you have to have. The inelasticity of demand will be chiseled in stone.

Let's say you go to Barf Burger and order a super-size infarction burger. "That'l be $2.50."

"$2.50! What do you mean. This thing is gonna kill me and you want me to pay too much for it too!"

Not buying the burger is to "demand" the price be lower.

Mandating is a way to rig, or command, the price; exactly what healthcare does not need if we are to control the cost.

Demand is more than what pulls the price up. It can also pull it down, but we are not apt to discuss that because it is disinflationary--it maximizes the ability to demand the price and minimizes the ability to command it.

Organizing for demand economics maximizes the consumer's income and minimizes the probability, if not the severity, of liquidity crises. Organizing for command maximizes accumulation and concentration of income and always causes liquidity crises.

Which should we choose to organize for in priority, choice or mandate?

Let's say the price of an infarction burger is disinflated or "demanded" lower. The cost of healthcare is included in the lower price. If buying two instead of one kills you twice as fast, the demand is rendered more elastic.

Dictating, or mandating, the marketplace is just a bad idea.

The choice here is whether we all have freedom or allow the means for a few want-to-be tyrants to accumulate the wealth and power to dictate it.