[quote=scaredyclassic]It’s cheaper for most people to opt for bankruptcy than buy catastrophic ins. Not to mention the people who can’t get the catastrophic insurance due to preexisting conditions.

In terms of running roughshod over u it doesn’t seem tthat much more oppressive than car ins. Given how mandatory car ownership is around here.[/quote]

Scaredy: You do realize that 35 states ran high risk pools prior to ACA, correct? And, of the 15 that didn’t, several of those were guaranteed issue states, which means that they were compelled to cover.

As a risk pooling mechanism, insurance excels. As a payment system, not so much.

I have no issue with car insurance, as this is a risk pooling system.

I do have an issue with compulsory health insurance, as there are far better alternatives out there.