Who Says The Right Is Out Of Ideas?

The plan (see PDF) is to eliminate employee health benefit insurance and all government health care support, and throw everyone into the private insurance market. Insurance companies would be allowed to risk-rate premiums, so that as people got older and/or sicker their premiums would go up.

However, Cato says, this doesn’t have to be a problem. The solution is … wait for it … insurance insurance. They call it “health status insurance,” but essentially it’s insurance insurance. It’s a separate policy you take that will insure you against catastrophic increases in your health insurance.

I’m not kidding. That’s the brilliant plan.