Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Pontiac
I think insurers benefit from some ObamaCare provisions and suffer from others.

The individual and employer mandates are huge cash cows for the industry. I imagine every business in this country would clamor for a Federal law that required people and employers to buy the products they sell.

The downside is that insurers pretty much have to insure anyone who comes to the door. This is like requiring an auto insurance company to offer an "affordable" policy to someone with four DUI convictions and nine license suspensions on his record.

23 posted on 02/06/2016 7:00:41 AM PST by Alberta's Child (My mama said: "To get things done, you'd better not mess with Major Tom.")
[ Post Reply | Private Reply | To 4 | View Replies ]


To: Alberta's Child
This is like requiring an auto insurance company to offer an "affordable" policy to someone with four DUI convictions and nine license suspensions on his record.

Some states do have that. It is called Assigned Risk.

25 posted on 02/06/2016 7:11:07 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson