Jun 25, 2012 at 9:28 am
The Supremes might sing at 10am re their view of the constitutionality of key parts of the Affordable Care Act.
One Cohn point I found interesting: economists like me walk around thinking that if the mandate goes, the whole law crumbles as adverse selection kicks in (without a broad range of people in the risk pool, insurance becomes increasingly costly). Jon suggests that if the mandate falls but the penalty for being uninsured stands, and with the subsidies for buying insurance on the exchanges still in place, you might well get enough of a mix of healthy and not-so-healthy people with coverage such that the plan could still work.
More to come…
Update: Nothing today on the health care law–must be coming on Thurs–until which, we’ll remain on shpilkes.
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