Not private insurance. We all pay into it obviously, but our individual rates in an insurance market are based on individual risk. My rate is only impacted by others in a relative sense, if I'm more risky than someone else I pay more.
With preexisting conditions off the table, my rates may go up only because someone else is a higher risk and the insurance company can't charge them for it.
I said this in another post, but morally I don't want others to be denied health care. I don't want health insurance at all in that case because insurance implies that you pay more for riskier coverage.
The purpose of insurance is to mitigate the risk of a very costly but unlikely outcome by paying a smaller amount over time, thereby spreading that risk among those of similar risk.
Not being able to consider individual risk means that insurance makes no sense for those with a low risk profiles, because they’re in the same cohort as those who will _definitely_ file claims.
Cohorts are based off of your employer, because we, inexplicably, tied health insurance to your employer. If you work for a very young and hip company then no, your cohort might not file claims.
There's levels of broken-ness to healthcare in the US. Even if you allow health insurance to discriminate based on health conditions, it will still be broken in other ways.
That's one way, true. I've mostly been considering the ACA here and those getting coverage that can't get it through an employer.
Employer health insurance rates fan still get wonky for small businesses though. It probably can't happen today, but I was at a small business where everyone's rates went up shortly after one person was diagnosed with cancer and another one or two with diabetes.
That is an example of it not really being individual insurance though. The insurance company is just lumping the employees together and setting rates based on the relative risk of the whole group, not dissimilar from getting an individual policy where the rates are based on a group of one.
How do you propose we address adverse selection in insurance markets then? That's the part you're overlooking and making you go "Huh?". It's clear to everyone else.
Health insurance is intended to mitigate the risk of unexpected high costs, not pay for your normal healthcare.
You're thinking of a healthcare _plan_. Trying to make the insurance model fit where it doesn't work is the root of the vast majority of our issues in the US.
Literally the purpose of insurance