Comment The end of health insurance (as Americans know it) (Score 1) 556
Health insurance is basically a bet on your health by the insurance providers. Once either you or they get more risk information than the other then the risk pool gets distorted and people receive innordinate premiums or get no coverage at all.
The only real solution is to void the entire health insurance industry and migrate to a system where the state covers the health of each citizen regardless. As the article illustrates, this process has already started on its own accord.
The only real solution is to void the entire health insurance industry and migrate to a system where the state covers the health of each citizen regardless. As the article illustrates, this process has already started on its own accord.
