What about people who have always had coverage (from birth) that have severe medical conditions like epilepsy?
Should they be denied coverage when they go off of their parent’s plans? Should they have to pay an outrageous amount for insurance?
I guess that depends on the terms of their parents’ insurance. Where their parents paying the insurance companies to compensate for the risk that they would have to cover a disabled kid for his entire life?
Alternatively, the government could step in to subsidize people with severe medical conditions. But it makes no sense to require insurance companies to cover unprofitable customers, since this will invariably have adverse (and often unpredictable) effects on the market.