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Politics : A US National Health Care System?

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To: TimF who wrote (23937)7/1/2012 1:03:16 PM
From: Road Walker  Read Replies (1) of 42652
 
Insurance as a business is about measuring risk categories and basing evaluations about coverage and rates on that. Its not just about forking over money. Its not government <g>.

Insurance is gambling, why it one of the most regulated industries everywhere. But it is whatever we make it. It's a human construct; we can make it whatever we want. No God Given rules on how insurance should work.

IMPORTANT: Think of it this way Tim. Assuming we cover everyone, a bit of a stretch but not far off, then the exemption for pre-existing conditions will be a one time event. After that, if everyone is covered, there will be NO SUCH THING as a pre-existing condition. How cool is that? For real people?

At the same time a whole bunch of healthier people are entering the paying system. Bottom line should be cheaper, 'cause your spreading risk. Which as I said is the "essence" of insurance, the only reason it exists.
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