Quote:
Originally Posted by rahl
I'm comparing apples to apples when it comes to insurance principles. I'm sorry you refuse to see how ALL insurance works. When you have a certainty for risk(claims payout, pre-ex, retroactive coverage) isnurance companies(auto coverage, homeowner, health) all operate the EXACT SAME WAY, they will deny the claim. With the current legislation that will change with health insurance only, the result will be increased premiums to cover the increased payouts.
|
Except you still refuse to understand that the risk distribution is different in health insurance. By making it a impossibility to do certain types of risk segmentation, at the same time you make insurance mandatory, you force companies and people to pool risk along a person's lifetime.
That is at least "less bad" than the current system, with its perverse incentives for adverse selection .
Of course, in the end it still means that private, for profit basic health insurance is still worse than most public systems.