Health Wonk Review: Stormy Weather

Source: Health Wonk Review

John Goodman's Health Policy Blog – In his post The Case For Health Insurance, John states that everyone should have access to health insurance, and notes that real insurance involves a pooling of risks. "The insurer must make sure each new entrant to the pool pays a premium that reflects the expected costs that entrant brings to the pool. Otherwise, the insurer won't be able to pay claims. The business of insurance is the business of pricing and managing risk."

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