Re:Greg Knauss's 10-year-old son's $23,800 bug bite
by brazzy on Sunday September 02, 2012 @12:12PM
(#4467308)
Mandatory participation (of insurance clients) is the necessary other side of mandatory acceptance (of clients by insurance companies).
For health insurance to work as insurance you need the young and healthy to participate and pay more than they'll ever get out of the system, otherwise it's impossible to cover the costs for the old and chronically ill.
For health insurance to work as insurance you need the young and healthy to participate and pay more than they'll ever get out of the system, otherwise it's impossible to cover the costs for the old and chronically ill.