True, but Frondo also has a point. If insurance companies can cherry-pick individuals and refuse to sell to specific individuals where the insurance company is more likely to lose money, that's... not good. It kind of defeats the point of insurance, in fact.
If Obamacare-as-a-block is business they don't want, they shouldn't have to take it. If it's a subset of individuals, I'm less sympathetic.
Indeed. Obamacare-as-a-block was specifically designed to try to eliminate this cherry picking of individuals. But it's turning out that the solution might not be adequate because insurance companies are choosing to just abandon the whole block. That's what I meant with my "closely related" comment above.
And if the Obamacare exchanges don't work, that's no good either!
As I said elsewhere, the economics of health care are very challenging.
This is a discussion the rest of the western world has had and solved in various ways over the last fifty years. The economics of health care isn't a new mystery the world has never before seen, for us to unravel here, it's a matter of policy where we're just lagging behind the rest of the west.
If Obamacare-as-a-block is business they don't want, they shouldn't have to take it. If it's a subset of individuals, I'm less sympathetic.