Health and other Insurance and the Risk to Liberty.
The idea of a large mutual for health insurance came from Mr Aneurin Bevan in the Beveridge report.
Do we agree with the loss of liberty in order to reduce premium?, and rationed covertly, more and more people, will either pay or buy insurance products. The differential means that, like Obamacare, the 4 UK Health Services end up taking on the worst risks, which then makes demand higher and outcomes worse. In the US this is part of what is destroying what was intended as a seismic change in health care.
and on NHSreality
The whole principle of insurance is that we mutualise risk. In a hypothetical world, where companies can measure lifestyle and other risk factors, premiums can be varied according to risk profile.
Taken to its ultimate extreme, this individualises and de-mutualises risk: “Thereby undermining the whole basis of insurance”.
Do readers agree or disagree?
There are competing Liberal principles represented here.
Do readers support the loss of liberty needed to reduce individual premiums?
Do readers favour the increased education and autonomy represented by the ability to reduce premium?
Do we believe that the de-mutualisation of risk becomes individual, which undermines the social “good” of Insurance.
Do we agree with more and more information being collected by insurance companies?
I know the Liberal party argued against devolution.
Most doctors agree that the de-mutualisation of the UK, from one NHS to 4 dispensations, is a negative for health. We should argue for a re-unification of the UK health services.