what you will get is a death spiral in the insurance markets, as the healthy people wait to buy insurance until they get sick, and the cost of insurance spikes to the point where no one can afford it.
The mandate was cheap enough that the adverse selection was there regardless. 700 dollars a year was the fine for not having insurance and it much smaller than the price of insurance. In fact it is , iirc, smaller than the average price rise in insurance due to the Massachusetts plan that the Obama plan is based on.
The mandate was cheap enough that the adverse selection was there regardless. 700 dollars a year was the fine for not having insurance and it much smaller than the price of insurance. In fact it is , iirc, smaller than the average price rise in insurance due to the Massachusetts plan that the Obama plan is based on.
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