Friday, August 3, 2012

WSJ: Why The Individual Mandate May Cost You More

By SIMON CONSTABLE

With many things in economics more is better. More food, more production, more profits — generally all good. But when it comes to health insurance more might actually be worse.
In June the Supreme Court ruled that the health-care law requiring us all to have health insurance was constitutional. A lot of people cheered saying it would pave the way to solve the nightmare problem of health-care costs in the U.S. 

Not so fast. Insurance may actually be the root of the problem with our health-care costs. Or in other words, more people having insurance could actually make things worse. Read more here.

Photo by Diana Polekhina on Unsplash

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