More Discrimination Against the Sick
September 26, 2014
Under Obamacare, health insurers have strong incentives to attract the healthy (on whom they make a profit) and avoid the sick (on whom they incur losses). After enrollment, the incentive is to over-provide to the healthy (to keep the ones they have and attract more of them) and to under-provide to the sick (to encourage the exodus of the ones they have and discourage enrollment by any more of them).
