” It’s called another bailout; ....”
It’s more like a pre-installed, battery-powered bilge pump.
The insurance companies are going to game this — e.g. they could build up a customer base by undercharging, and have the government pick up the tab for the losses.
“they could build up a customer base by undercharging, and have the government pick up the tab for the losses.”
Which is why the current outrageous rates for 2013 should be considered introductory rates, as they were expected to go up significantly even before the rollout fiasco.