Monday, November 8, 2010

On Removal of the Mandate from PPACA, September 21, 2010

Adverse selection is mostly insurance companies' problem, and if they'll tolerate their Republican cronies blowing up their business model, then so what. (Maybe after they all go bankrupt, we'll finally get single payer.) The exception, I suppose is in total cost of coverage, but there are both premium and out of pocket limits in the bill. Possibly they could be strengthened, but most of the risk is with the insurers.

Not that there would ever be real enforcement of the mandate, given the weak remedial provisions.

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