Saturday, January 22, 2011

Health reform: individual mandate necessary

When the Romney health insurance plan in Massachusetts kicked in - when people who were eligible for subsidies were compelled to buy health insurance there was a huge increase in the number of insured health people. So what? That is what makes insurance possible. Healthy people must pay into the system. If you could sign up for insurance the day you got your cancer diagnosis few would buy insurance. You would buy it when you needed it - like `just in time' manufacturing planning.

That's why if you repeal the individual mandate the entire Affordable Care Act collapses.
More mandate-relevant evidence | The Incidental Economist

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