There's not a lot of meat here. If you really want to dive into the details of the regulations, costs, and incentives of the US health market you can do so elsewhere. But this is just an eloquent expansion upon a particular political talking point. You won't learn much besides raganwald's political leanings.
I buy arguments that health insurance breaks down for the very old and the very sick. But otherwise there is no theoretical reason for believing you can't insure health risk. However, there are seven decades of bad regulation which complicates the matter in the US.
I buy arguments that health insurance breaks down for the very old and the very sick. But otherwise there is no theoretical reason for believing you can't insure health risk. However, there are seven decades of bad regulation which complicates the matter in the US.