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Politics : Formerly About Advanced Micro Devices
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Bilow
THE WATSONYOUTH
To: i-node who wrote (749756)10/27/2013 3:11:20 PM
From: Tenchusatsu2 Recommendations  Read Replies (2) of 1574724
 
Inode, here's another article, this time focusing on Peter Lee, the head of the new California-run health insurance exchange:

Covered California's executive director faces fiery test

This is the same man who, when answering concerns about higher rates, told people, "We are better off all being in this together. We are transforming the individual market and making it better."

Turns out, there's a huge reason why he's dismissing their concerns:
While [at the Pacific Business Group on Health, an SF-based non-profit], Lee created an insurance exchange for small businesses that Dooley said "came within a whisker of actually being successful." Yet it ultimately failed because it attracted many employees who otherwise could not obtain medical insurance but not enough healthy employees to counterbalance them.
Of course, being a well-educated liberal bureaucrat from a long line of well-educated liberal bureaucrats, the lesson he took away from that is not that such programs are doomed to failure because you'll never get enough healthy people to sign up and subsidize the sick. It's that you have to COERCE the healthy people into signing up and subsidize the sick.

Tenchusatsu
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