In a column in the New Jersey Star-Ledger, Paul Mulshine takes to task New Jersey's latest socialist scheme...a plan to force people to buy health insurance by requiring everyone "to provide proof of health insurance at tax time. If you don't have insurance, the state will sign you up and start charging you for it."
Brazen power-lust is on the march in Trenton, complete with the employment of the “big lie” tactic. This mandatory health insurance scheme is being put over on us based on a false, I would call it fraudulent, premise.
David Knowlton callously declares that the individual rights of the young are to be trampled “so we can get those young, healthy lives…” And getting them is exactly what these dictators intend!
"But then they're being forced to subsidize people who have greater demand than they have," Mr. Mulshine replies. I can almost feel his incredulity!
"That's right," Knowlton replied. "That's how insurance works."
No, Mr. Knowlton, that is not how it works. Buying insurance is like buying any other product or service. I am talking here about the voluntary purchase of private insurance, not the government-run fiascoes masquerading as “insurance”. You pay money in exchange for a particular value that you deem to serve your best interests. When you buy a television set, you aren’t subsidizing the manufacture of someone else’s TV. You exchanged…traded…the money you earned for a TV. End of transaction. The money the TV manufacturer received from you is now the money it earned, to be used in a manner consistent with the nature of its business.
Likewise, when you buy insurance, you pay money in exchange for a particular value you deem to be in your best interest. In this case, you are purchasing protection, for a specified period of time, from some unforeseen catastrophic loss. You are not subsidizing someone else’s loss. When I pay the yearly premium on my $2 million umbrella policy, I am paying for just that…$2 million of liability protection. I exchanged…traded…the money I earned for a product--- catastrophic loss protection. End of transaction. The money received by the insurance company, like that of the TV manufacturer, is not mine. It is their earnings from the sale of the insurance product I purchased, to be used in a manner consistent with the nature of its business.
What Trenton is peddling is legalized theft (income redistribution) masquerading as “insurance”. It’s a widespread practice across the country, with over 1900 legal mandates requiring coverage for this or that ailment. What all of these mandates have in common with NJ’s compulsory insurance proposal is that they all force people to subsidize the health expenses of others, by forcing them to buy coverage they would not have purchased otherwise. This is income redistribution, not insurance, with superficially private insurance companies used as the conduit for government coercion (there is a name for this practice. It is called Fascism). Not only should the current scheme be opposed, as Mr. Mulshine says, but all of these government-imposed coverage mandates should be abolished. They are immoral because they violate individual rights. As Mr. Mulshine unequivocally states, “[M]andatory insurance should be unthinkable in a free country.”