With auto insurance you only have to insure for liability - you don't have to insure yourself. You can incurr that risk.
And, if you don’t own a car, you aren’t required to take out any insurance.
The rich can inccur the risk. Not a very strong argument. The state saves a fortune if its residents are covered by private insurance. Plus, I would like my premiums cut in half as happened in Mass with such a large pool of people. One of the reasons your premiums keep going up is you are paying for all the uninsureds.
That’s because at this time, if you wreck your car, the government doesn’t feel compelled to replace it.
Whereas if you show up at the hospital with internal bleeding, we simply can’t tell you to go outside and bleed to death simply because you don’t have any money — we will fix you at taxpayer expense.
And you know, if that’s the way it’s going to be, I don’t see the problem with making such people NOT get tax breaks. Why not take away one of their tax breaks, to cover the taxpayer costs associated with being the insurer of last resort for those who can’t show they have the ability to pay?