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A comment on Universal Basic Income Is Not Feasible. Parent comment

Re:Universal Basic Income Is Not Feasible by AnthonyMouse on Thursday April 26, 2018 @09:38PM (#16937798)
> How would it work in terms of replacing Medicare and covering high-ticket medical procedures?

Medicare is an insurance system. In principle if you gave the average person the equivalent amount of money it should be enough to buy health insurance with.

If that isn't true in practice it's a failure of healthcare/insurance laws rather than the UBI.

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Re:Universal Basic Income Is Not Feasible by prostoalex on Thursday April 26, 2018 @09:58PM (#16937891)
> In principle if you gave the average person the equivalent amount of money it should be enough to buy health insurance with.

So the working scenario is UBI followed by health insurance mandate? What happens if the remainder is $0, or worse, healthcare prices (and consequently health insurance prices) outpace UBI growth?

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Re:Universal Basic Income Is Not Feasible by AnthonyMouse on Thursday April 26, 2018 @10:10PM (#16937948)
> So the working scenario is UBI followed by health insurance mandate?

Don't we already have a health insurance mandate?

> What happens if the remainder is $0, or worse, healthcare prices (and consequently health insurance prices) outpace UBI growth?

Presumably the same thing that happens if healthcare prices outpace the Medicare budget.

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Re:Universal Basic Income Is Not Feasible by asdsa5325 on Tuesday May 01, 2018 @05:30PM (#16971879)
>Don't we already have a health insurance mandate?

Not anymore, Congress voted to remove it

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