Tag Archives: competition

Health Insurance: Suggestions Toward a Free Market

What solution to the “problem” of health insurance would an advocate of the the principles of individual rights, look like? First, we should probably be clear on what exactly we mean by insurance.

Insurance: Act of insuring, or assuring, against loss or damage by a contingent event.
Insure: to secure against a loss by a contingent event, on certain stipulated conditions, or at a given rate or premium.
Contingent: liable, but not certain, to occur

So taken together we get the fact that read more