PV Wrote:
Jul 11, 2012 4:50 PM
And with the adverse selection bias built into the operational foundation of Obamacare (BOTax), health insurance companies will pay increasing claims against declining or stagnant premium receipts, and all the while with the government sending an non-ending stream of new mandated coverages and regulations their way. Adverse selection is an insurer's great nightmare where the risk holders increasingly are the ones requiring payment for treatments, and the healthy younger people who would subsidize the system are staying out. Premiums don't cover expenses. After full implementation, the insurance company-dominated system will collapse very quickly.