7. Other options besides, or in addition to, medical health insurance would become available on a grand scale, such as private physician practices, hospitals, or clinics offering clients -- that is, patients, also know as customers (there now, that wasn’t so hard to say) -- monthly or quarterly fees to retain a doctor’s, or hospital’s, or clinic’s selected products and/or services as needed or required in such an agreement (similar to a retainer paid for a lawyer’s services). Even in our troubled times today, there are a few doctors who already offer such a monthly fee to clients for selected services, costs ranging from $40 a month for a good doctor’s general services, to a more elaborate, customized private doctor service whose fee may reach several hundred dollars a month, or even more -- and then of course, everything else in between. Something for all.
8. In a true free-market economy and free society (capitalism), there would be no government interference, restriction, regulation, mandate, control, or limitation of what type, form, product, service, option, or combination-variation thereof, of medical health insurance offered or sold to the general consumer, or where such medical insurance may be offered or sold, or to whom it may be offered or sold. For example:
-- A particular insurance policy might offer only insurance for broad cancer care.
-- Or, a particular insurance policy might cover only cancer insurance to women, and maybe only for breast cancer, or ovarian cancer, or for both, or for some other cancer.
-- Or, an individual, organization, or company may offer only cancer insurance to men, and maybe only for prostate cancer, or lung cancer, or for both, or for some other cancer.
-- Or, any number of organizations or companies could compete for cancer-only insurance.
-- Or, a particular insurance policy might offer to cover everything except cancer care.
-- Or, a particular insurance policy might cover only kidney failure, or heart attacks, or parasitical infections, or all of them, or any combination thereof.
-- Or, a particular insurance policy might cover absolutely everything, including even basic health maintenance, such as annual checkups, physicals, teeth cleaning, etc.
-- Or, a particular insurance policy might cover only major medical, such as accidents, a major medical crisis, etc., and be free not to offer anything for health maintenance issues.
-- Or, a particular insurance policy might cover only teeth care, or eye care, etc.
-- Or, the consumer might be able to customize their medical health insurance to fit their own individual needs, wants, and desires.
-- Or, an organization or company may offer and/or wish to sell medical health insurance to cover only women, or men, or children of a certain age, or seniors of a certain age, or only to company employees, or only for families with children, or couples without children, or single adults, etc.
-- Or, an insurance entrepreneur might provide and sell medical insurance only to pregnant women, and perhaps customize such insurance for a nine-to-ten month duration.
-- Or, an individual or company could acquire and/or purchase their desired type of medical health insurance from any number of individuals, groups, organizations, businesses, or corporations from anywhere in the United States, or even from outside the U.S., if available, with a limitless choice of pricings and costs, including very inexpensive, even free of charge, insurance policies. See item No. 6 above.
-- Or, an individual or group might be able to pick and choose various medical coverings from a sort of medical health insurance menu, much the same as choosing items from a restaurant menu, customizing their private policy to cover what their particular desires, wants, or needs might be, at a broad range of prices and costs they want or can afford to pay.
-- Or, an individual, organization, or company may offer to customize a medical health insurance plan and policy for a particular individual, group, or company. They would be free to do so, with no government regulation or control.
And, on and on… What do you imagine?
If any of this gets you excited about what could be possible for medical insurance under a true, laissez-faire, free-market economy (capitalism), just imagine what could be possible for any other type of insurance, or for any-and-all types of medical and health care, or, for that matter, what could be possible for:
n the field of education,
n our energy wants and needs,
n the agriculture industry,
n jobs and careers (yes, labor is also a competitive resource),
n starting a business,
n transportation and communications,
n food and shelter,
n leisure and vacations,
n hobbies and entertainment,
n research and development,
n innovation and invention,
n charity and humanitarian activities,
n and, yes, even for the banking and financial market (as no forced federal reserve would even exist under true capitalism, and a gold standard would be the true standard value of all monetary exchange and agreements).
Just plug in your favorite topic. The “sky’s the limit” under true laissez-faire capitalism with no government interference, regulation, or control. The possibilities are endless under individual freedom and a true free-market economy. Your choice. Just imagine.