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Since having insurance is mandatory, if they all charge too much, they won't fail.
by josephcsible 2y ago
Since having insurance is mandatory, if they all charge too much, they won't fail.
- gruez 2y ago> if they all charge too much, they won't fail. What prevents one company from defecting and taking all the market share?
- bluGill 2y agoThey do not have a monopoly. There is plenty of room for a handful of companies charging too much to fail. there is also plenty of room for companies charging too little to fail.