Does anyone with any reasoning ability really think they are the same logically?
Please explain in detail how they are the same not by just saying “its the same”.
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May 18, 2010 @ 3:20 am
Its not the same…if you dont own a car you dont buy car insurance…with health insurance you wont have a choice you will be made to pay for it…whether you want it or not.
May 18, 2010 @ 3:22 am
I am not saying I agree with it but the rationale would be that each person would have insurance to take care of the unseen and unpredictable, having an accident and getting sick are both things you don’t count on and if we ALL have insurance then we won’t be asking our neighbors who planned better to pay for our misfortunes.
May 18, 2010 @ 4:10 am
The only way they are similiar is the Federal government does not have the power under the Constitution to force you to have either one. Both are a state issue. I ask if the government cannot tell a women to not kill her unborn baby, how can they tell me what to do with my body?
May 18, 2010 @ 4:36 am
Please explain to me how the government was able to draft men and force them to go into combat and be killed… but requiring people to carry health insurance is unconstitutional.
May 18, 2010 @ 5:19 am
The mandate for auto insurance is required for the same reason for health insurance; it helps maintain lower costs and lower risks for everyone. It is meant to solve the market crashing problem of not knowing who will cause more risk.
“To understand the problem, think about a simple case in which there are only two kinds of people, those with high and low expected future medical-care-costs lives. Imagine that the insurance company can’t distinguish the two types, so it charges all comers the average cost across the entire population. For the healthy people, the cost of the insurance will look very high, so they won’t buy it. That means that the only people who will buy the insurance are the unhealthy. Realising this, the insurance company will have to raise their price further to compensate for the fact that only the high cost people are willing to buy insurance. This is the classic “lemons” problem that causes markets to fail and was first described by George Akerlof.”
http://www.voxeu.org/index.php?q=node/363
The mandate will pass Constitutional muster. It is covered in Section 8. The Senate bill imposes a duty on the uninsured. To avoid the duty, you get insurance or you qualify for the exemptions. Congress can do so because it has the power to regulate interstate commerce and levy duties.