Bondshave the meritofprovidingsteadyincome, at rates that are nowveryhigh; they tend to beless volatilethanstocks; and theyhavea higher legalclaimonacompany'sassets.
The uninsured in this case would be able to get coverage as a last resort from the high-risk pool, paying what they can based on their income, with taxes subsidizing the pool to keep it afloat.