Not so fast, ABC ObamaBots. Those dumped from their private policies can be smart and refuse to sign up until they are sick. The penalty for doing so would be much cheaper than their sky-high premiums.....and they can’t be turned down for a pre-exiting condition.
You are right. If and when my health insurance is cancelled I will put the monthly premium money into the bank and use it to pay cash to doctors. If something serious comes up I will buy insurance on the way to the hospital. The problem is, millions of people will be doing the same thing and there won’t be any insurance companies left.
Yep!