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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (45195)11/15/2017 3:09:12 PM
From: neolib2 Recommendations

Recommended By
bentway
John Koligman

  Respond to of 364831
 
After that, they are put into a market oriented system that resembles what we had before Obamacare.

What we had prior to the ACA was a health insurance system primarily tied to employment, and rigged to tax healthy people and evict sick people from the system (both from employment and from insurance coverage).

Your comments about the system working well for most people simply illustrates how poor your grasp of the issue is. Did you not know that most people are in fact healthy? The point of insurance is to cover those who develop serious issues.

Imagine if someone came and told you that fire insurance on your home is a bad idea because very few people's homes burn down? Well, sure, that is the point If everyone's home burned down then insurance would be a poor mechanism for dealing with the problem. Insurance is a good mechanism for dealing with rare events.

But the problem with medical insurance is sans an individual mandate that you must carry and sans pre-existing exclusion on the issuing side, it becomes a system where individuals don't carry until they get sick, and where insurance companies have great motivation to figure out how to exclude the sick from coverage, including how to get rid of sick people who have coverage. That is exactly what existed prior to the ACA.

You are aware that the ACA in total applies only to a small fraction of the population right??