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Politics : Politics for Pros- moderated

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To: Bill who wrote (493330)6/28/2012 10:49:05 PM
From: mistermj1 Recommendation  Read Replies (1) of 793877
 
Ann Althouse spells it out differently...

If people behave rationally and weigh the costs against the benefits, they won't buy insurance until their expenses (health care costs + the penalty) exceed the premiums, and the insurance companies will not amass premiums from the vast numbers of healthy people who pay in more than they receive. It seems like a design for collapse, but, as Roberts says: That's not his concern.

AND: To say it's a "design for collapse" is to set up the question whether it was a screw-up or whether it was the first move in a scheme to take us to a single-payer, government health care program.



althouse.blogspot.com
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The insurance companies won't go bankrupt. They'll just double the premiums like they did in Massachusetts.
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