Transcript via National Review Online:
“If you take a step back and think about that, you work at a restaurant or you work at a store, and your boss is able to deny you leukemia coverage or contraception coverage or blood transfusions or any number of medical concerns that someone might have a religious objection to … So the folks who are still objecting [to the mandate] have some very extreme ideas about religious freedom and employee health care in this country.”
It’s clear she got her degree in law, not in economics.
Insurance is a bad idea for small, regular and predictable expenses. There are good reasons that your car insurance company doesn’t add $100 per year to your premium and then cover oil changes, and that your health insurance doesn’t charge $50 more per year and cover toothpaste. You’d have to fill out mountains of paperwork, the oil-change and toothpaste markets would become much less competitive, and you’d end up spending more.