How much do you think an insurance co would charge for someone with Type 2 diabetes, history of cancer, 75 years old, etc.? There will always be certain people who will be uninsurable. We can let them die or go bankrupt - and you can make that philosophical argument. Or, you can accept the political reality that a baseline safety net will be in place.
In essence, the Ryan plan offers a market-priced subsidy, but, if that isn't enough, then the government will pay more. How do you see that saving money?
The March Ryan plan was so vague that, unlike its prior iterations, it could not be scored by the Congressional Budget Office. It was tailored for the political season.
As my dear late Mother always said, “you help people who CAN'T help themselves, not people who WON'T help themselves”.
My Mother's Sister lost her sight to Glaucoma back in the 40’s. Back then the only thing a Doctor could do is remove your Eyeballs if the pain was too intense. There was no treatment available as there is today, so she went Blind. She is 88 Years Old and never complains as much as all the idiot Liberals do day in and day out.
Before I was born, my Aunt was going to work sewing Garments in what many today would consider a sweat shop. Her Blindness didn't make her helpless. When the place closed down and another job was elusive, my Mother and Father had to force her to go to the Welfare Office to get help. I think she ended up getting $10 a week and she got off it six months later when she found a job doing assembly work.
My patience wears thin when able bodied people expect their Neighbors to pay their bills because life ain't fair. Well, if life was fair, Obama would be serving Bill Clinton Coffee every morning at the Whorehouse.
Also how much can this cost be offset by those who are healthy enough that the insurance companies makes a profit by not having to spend out even equal to what was paid in?
There does, indeed, come a point when we have to decide what will happen to those among us that are either born sick or become uninsurable?
I would hope that a baseline would be assumed.
Medicare is mandatory at age 65 so your example has already been covered