Monday, July 17, 2017

Obamacare's Contradiction

As I wrote about in more depth here, the problem with Republicans repealing Obamacare is not related to infighting or an inability to compromise, it's the failure to challenge an inherent contradiction from the beginning. Insurance MEANS excluding pre-existing conditions. What business would write insurance policies only to people who just wrecked their car? The purpose of insurance is for groups of people WITHOUT pre-existing conditions to pool risk in such a way that the collective premiums pay for an unlikely event. How could any pool work when everyone gets paid out more than they pay in?! If someone wants others to pay their bill, they should ask for a loan or for charity. But let's not call it insurance and let's not base the whole system on a contradictory premise.

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