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Politics : PRESIDENT GEORGE W. BUSH
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To: JDN who wrote (411024)6/2/2003 4:59:51 PM
From: willcousa  Read Replies (1) of 769670
 
The fact that there are a lot of uninsured is a red herring. Most of those are young and want to bet that they can save the premiums and stay healthy. For them it is a pretty good bet. What we need is a very large risk pool for the uninsurable. And we need the government to stop imposing price controls on the government-paid plans which forces the providers to offload their short fall in revenues from those plans onto the rest of us.

Auto insurance faces many of the same issues and handles them in a fully competitive environment. There is plenty of competition and rates generally remain tolerable. In most states if not all insurance is mandatory. There is even an "assigned risk pool" for the otherwise uninsurable.
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