InvestorsHub Logo
Followers 36
Posts 2515
Boards Moderated 0
Alias Born 05/29/2013

Re: Pecker9Wood post# 422269

Sunday, 07/30/2017 12:12:57 AM

Sunday, July 30, 2017 12:12:57 AM

Post# of 793302
Meed gvt out of health industry entirely. For example, if the health insurance and health care industry were truly a free market and not this mess of a gvt-centric, over-regulated system we have, then all sorts of innovations would arise. Think of how much $ there is out there in search of yield! It's almost a certainty that someone would get backing to run a new insurance company that ONLY insured people with pre-existing cancer, for example. Sounds too risky to insure, right? Wrong. For every level of risk, there is investment money looking to take on that level of risk. Depending on how well the company is capitalized and run, for the cancer patient, it might not even be as expense to get insurance as we would guess. Why do some investors prefer high yield bonds? They're specifically seeming high risk. A cancer-only insurance company would definitely attract investors. But only if the market were truly a free market. As it is, there are too many artificial, regulatory barriers to entry, established by a corrupt congress that was paid by bigger insurance companies to make sure new smaller insurance companies weren't constantly springing up to compete with the big one, and those barriers prevent new insurance companies from sprouting up all over the place.