Comment by tired-turtle
4 hours ago
That’s how insurance works. You pay for a plan you likely don’t need so everyone older than you is reasonably covered.
If young people elected to get a barebones plan while in good health, who would subsidize them when they grow older?
That’s not how insurance works. No insurance company coerces you to buy it, as Obama did.
You're forced to buy auto insurance.
You aren’t. You are required to buy LIABILITY, which is protection in case you harm SOMEONE ELSE. You are not required to protect YOURSELF.
In some states, if you can post a bond, you aren’t even required to carry liability.
The government does not coerce you to buy a product for yourself.
Technically not. In many states you have the option of posting a refundable security deposit with the government to meet the minimum liability requirement as an alternative to purchasing auto insurance.