Government Mandates And Not Capitalism Raised Health Insurance Premiums

From The Undercurrent Blog, "Don't Blame Capitalism for High Health Insurance Costs" by Paul Hsieh

State regulators currently require health insurers to include numerous "mandatory benefits," whether customers wish to purchase them or not. The exact mandatory benefits vary from state to state, but might include services such as acupuncture, in vitro fertilization, and autism therapy. Altogether, the 50 states require insurers to provide nearly 2000 benefits, typically driven by special-interest lobbyists exerting political "pull."

Read the complete post here.