"Guaranteeing health coverage to anyone who applies is an important ingredient in getting everyone into the risk pool. As such, insurance companies are stripped of their ability to mitigate moral hazard where individuals wait to purchase insurance when they are sick or in need of medical attention and drop coverage if they recover. Moreover, the collapse and redistribution of rate bands and ratios and the limitation of under writing factors will reshuffle the insurance underwriting deck where the less healthy and older population will likely see their premiums lowered and subsidized by the remaining insureds in the risk pool."  MORE >>