A while back I blogged about the obvious consequence of the eliminating pre-existing condition exclusions from health insurance. It seemed obvious to me, at least, but perhaps the proponents of the plan weren't convinced that it necessarily followed. The excerpt below lends a data point in support of my conclusion.in reference to:
"In a state with 19 million people, 88 New Yorkers between the ages of 18 and 24—88!—have bought WellPoint's best-selling individual insurance product because insurance laws make it perfectly rational not to acquire costly coverage until people need it."
- The Weekend Interview with Angela Braly: 'A Wasted Opportunity' - WSJ.com (view on Google Sidewiki)
My, what fun it would be to be able to mine WellPoint's actuarial data!