Thursday, November 06, 2008

Quick Shots: Health Insurance

So, we often hear of how 34 million people don't have health insurance. That is what, 10% of the American population? How is that a bad thing? Remember, with most people getting insurance through work, isn't it likely that most of those people are the 6% unemployed and their kids?

Economists have come to believe that there is a "natural unemployment" rate between 3 and 5% so why can't we have a natural uninsured rate? Just a thought.

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