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04/04/2017 14:47:55
a
04/04/2017 07:36:09
Miscellaneous
ID de la conversación:
01649686
ID del mensaje:
01649776
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31
>>In the land of the free the individual is everything. So "I'm not ill or old so why should I pay for health care I may never use".
Underwriting includes investment of surpluses to cover predictable future need. The whole system falls over if there are no surpluses because you only insure once you need a payout and the insurers aren't allowed to say "no." Either they go broke or premiums have to exceed the cost of care you'll consume +50% to cover admin and insurer profit.
If there's no national scheme, the individual mandate (meaning you must insure) is the cornerstone of an insurance healthcare system. But if you can't afford it and can't afford the penalties that are waived or postponed anyway, then the cracks start. Why would any economically savvy young person not decide "they can't afford it" or weasel their way into the galaxy of exceptions, if relatively small penalties are waived or postponed repeatedly and you are guaranteed insurance if you get sick and want a payout?
Underwriting includes investment of surpluses to cover predictable future need. The whole system falls over if there are no surpluses because you only insure once you need a payout and the insurers aren't allowed to say "no." Either they go broke or premiums have to exceed the cost of care you'll consume +50% to cover admin and insurer profit.
If there's no national scheme, the individual mandate (meaning you must insure) is the cornerstone of an insurance healthcare system. But if you can't afford it and can't afford the penalties that are waived or postponed anyway, then the cracks start. Why would any economically savvy young person not decide "they can't afford it" or weasel their way into the galaxy of exceptions, if relatively small penalties are waived or postponed repeatedly and you are guaranteed insurance if you get sick and want a payout?
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1