Problem, only signing up sick people, rates go up, healthy people drop out....health insurance death spiral.
Geez.....who didn’t see THAT coming??
It was only discussed on this site, and many others....for months.
I’ve never been able to figure out what is in it for the insurance companies, ultimately.
So they get a HUGE payoff....then they still collapse. Then what? Single payer? Then what? The top execs move to a secluded island pay cash for premium healthcare....where the good docs are? Eventually, all the good docs would want out of our damaged system, wouldn’t they?
0CommieCare needs a stake driven through it. Who will do that?
The whole exact scenario happened here in 1993 with echos from the defeat of HillaryCare. Her commie buddies in Maine killed our medical insurance market and began to screw the hospitals.
Been there/done that.