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Monday, January 11, 2010

Via "Hot Air" blog: Insurance mandate starting to become a political albatross

"Young people starting to realize the shakles being placed on them by possibility of a mandate by the Federal Government to purchase insurance."

There are countless instances throughout history of massive social programs like this not working and being complete failures, however, hopefully poeple are starting to realize the financial constraints that will be placed on them is these policies pass.

" Michael Sertic, a college senior studying economics, is young and healthy, and he doesn’t want the government forcing him to buy health insurance.

He is among a group of people on both the right and the left ends of the political spectrum who object to proposals in Congress that would compel nearly every American to buy health insurance or face a fine.

“I happen to believe it’s unconstitutional. Government shouldn’t be forcing someone to pay for someone else’s health care,” said Sertic, 24"

"Of course, Sertic is actually studying economics, which means he understands what insurance does — and why it usually doesn’t make sense for young, healthy people to buy comprehensive policies. Insurance pools risk, and has the insured pay into a pool to cover all the expenses of all the members. Those who use the system less get less value than those who use the system more. Young, healthy people don’t use the system much at all — which means that most of their premiums will gain them no benefit at all."

see the entire blog entry here at Hot Air


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