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10 tries at an answer, and you got closest to reality: Employment creates a 'risk pool', specifically one that people are unlikely to join just to get insuranc
by matt4077 10y ago
10 tries at an answer, and you got closest to reality:
Employment creates a 'risk pool', specifically one that people are unlikely to join just to get insurance. It is one of very few ways to mitigate the "adverse selection" problem, i. e. only old and/or sick people getting insurance, thereby raising prices, and repeat. The other way is an insurance mandate, or, if you want to cut the chase, single-payer tax-funded healthcare for all.
- SimbaOnSteroids 10y agoSingle payer needs to be what happens, it's like infrastructure projects/militaries if it's privately owned it can be well above the quality or well below quality that a publicly owned entities but being privately owned for profit kinda defeats the purpose of these institutions.