The politicians populating Vermont’s State government don’t like it; they’re taking an overt step to bring the State’s economy under centralized control. These politicians are using the State’s insurance industry—already an industry with limited freedom to operate in all States, not just in Vermont—as their tool to do this.
Vermont is now one of the first states to require health insurers to pay for the costs associated with at-home COVID-19 tests, Governor Phil Scott (R) announced.
Yes, this is a Republican governor. A weak Republican governor, with a Progressive-Democrat State House of Representatives and State Senate.
Never mind that, if consumers in a free market environment wanted the tests covered by their insurers, competition would lead the insurers to cover them. Never mind, either, that that same competition would drive the cost of that coverage to its lowest level.
Instead, with this Government-driven requirement, coverage costs will be elevated, propped up by the artificial, Government-created demand. And, notwithstanding the disingenuous claim of the State’s Department of Financial Regulation Commissioner, Michael Pieciak, that the tests will be free, they will not only cost all Vermonters in the form of elevated premiums and/or limited quality of coverage elsewhere in the policies, all Vermonters will be paying for the tests of the few.
Socialism in action. Vermont businesses—insurers are just the camel’s nose—are free to produce whatever goods and services they choose, so long as Government politicians approve.