Home › Forums › Politics › Another glorious nonsensical back and forth between Health and Ubiquitin › Reply To: Another glorious nonsensical back and forth between Health and Ubiquitin
Tying insurance to a job introduced several distortions, one of which is that it removed a huge chunk of people from the pool of potential insurance buyers.
Insurance works by spreading costs over a large group of buyers. When there are fewer people willing to buy insurance, because they are already getting tax-advantaged insurance at work, insurance prices go up.
I don’t understand that. What difference does it make who is paying for the insurance?