Last week the Rocky Mountain News published Dr. Paul Hsieh‘s excellent critique of the proposed Amendment 56 that would require employers to buy insurance for employees.
This fall, Colorado voters must decide whether to require all businesses with more than 20 employees to provide health insurance for their employees (Amendment 56). Although voters may be tempted to say “yes,” this is an immoral and impractical solution to the problem of rising health insurance costs.
It is morally wrong because it violates the rights of employers and employees to negotiate to their mutual self-interest in a free market.
Businessmen create jobs through rational thought and hard work. Consequently, they have the moral right to decide on what terms to offer those jobs to prospective employees, including specific wages and benefits.
Read the rest of this Amendment 56 critique here.
