“All of these new policies as part of Obamacare are wonderful in a make-believe world. But insurance is based on mathematical calculations. Actuaries study pools of policy holders and then calculate based on historical data what the projected outlays will be, then figure overhead and profit above that. That is how they come up with a monthly fee for members of their group.”
And now we have a classic case of the state trying to manage an economic activity that must be free market. It is doomed to fail.
The purpose of insurance markets is to “price” risk, not ‘pool’ it.
That is something Rats don’t get.