Tuesday, March 7, 2017

About replacing Obamacare

One of the really good things about replacing Obamacare is the ability to purchase insurance across stateliness. IOW, a national market versus a state market which in turn is broken down into Zip Codes within the state.

What this does is run up the costs in some areas and down in others. And since it is done on such a small group the results are drastically uneven prices.

Remember insurance is about spreading risks, and the costs, across large groups of people.

Now we are being told that this change to a national market can’t be done due to some arcane Senate/House rules. But, we are assured it will be added later.

Watch this one. The Insurance Commissioners across various states don’t like it because they lose power. The insurance companies don’t like it because it adds competition.

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper “

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