Guaranteed issue incentivizes people to forgo buying a policy until they get sick and need coverage (and then drop the policy after they get well).
WSJ: Matthews and Litow: ObamaCare's Health-Insurance Sticker Shock
Insurers had backed a strong requirement that individuals carry coverage, since it hands them millions of new members and prevents people from waiting until they get sick to buy a policy.
Another figure reveals some hypocrisy among workers: 72% believe their colleagues are taking advantage of workplace policy when they use sick days to vacation.
FORBES: You Don't Take All Your Vacation, But You Still Want More. Why?
If, however, it was an emergency measure to rescue a desperately sick financial system, putting an end to the policy might depend on other judgments, such as whether the banks are truly on the mend.
And what about the new policy supremo, Jo Johnson (who must be heartily sick of seeing his career discussed purely in terms of its implications for big brother Boris), what will his role be?
Unfortunately, the hospital has another policy that causes nurses to be written up if they call in sick.
"We ought not to be mitigating the sequester's effect on just one segment, when children, the sick, our military and many other groups who will be impacted by this irresponsible policy are left unhelped, " he said.
Or, conversely, if it turns out that too many people sign up only when they get sick, or sign up for a few months at a time then drop their policy, companies won't be able to break even.
They could deny treatment for specific conditions, especially right after a policy is purchased, to dissuade people from signing up only once they get sick.
Indeed, one of Asia's biggest questions is how sick Japan's economy is going to become, and such an exchange-rate policy would, other things equal, be likely to make it sicker.
This sick son of a Saudi construction billionaire cannot be reached by persuasion or money or dramatic shifts in policy.
FORBES: Remembering 9/11: Turning Box Cutters Into Plowshares: Part 2, The Solution.
Every time an ordinary sick person get carded for buying cold medicine, she is a victim of this second kind of policy error.
Or when you get sick they try to find what they consider to be a preexisting condition that would justify them canceling your policy.
Analysts at Washington's Centre on Budget and Policy Priorities, for example, maintain that most welfare hires do not receive paid holiday or sick leave, and that it takes a year of employment before they can be covered by the Family and Medical Leave Act a crucial factor when so many welfare hires are single mothers.
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