Reply #6: How many of the "eligible" are now unemployed? or cut back to minimum hours?

[SoCalDem]

This is the stupidest way ever to insure the "un-insurable" ones..by dumping them all into one pool, they guaranteed that the costs would be astronomical..as well as the premiums.. The reason insurance ever works is because the risk is spread out over a WIDE range.. Not everyone will have a fire, but if everyone has insurance , the money not paid out more than covers the occasional fire, and allows the insurers to pocket the rest as profit..

The same goes for any type of insurance.. the more people IN the pool, the less it can cost to everyone, and the more coverage people get.

When you narrow the scope and only include the sickest, you have a recipe for failure.. Sick people probably make less money, and are the least likely to be able to afford ANYTHING out-of-pocket for health care..