[ExI] Warren Buffett is worried too and thinks Republicans are "asinine"

Adrian Tymes atymes at gmail.com
Thu Nov 28 21:47:54 UTC 2013


On Thu, Nov 28, 2013 at 11:57 AM, spike <spike66 at att.net> wrote:

> Adrian I would agree with this line of reasoning but for what I see as an
> enormous flaw in the reasoning: the price differential between the highest
> cost group and the lowest was dictated to be 3.  Why 3?  Did not the
> architects of this system talk to the insurance people?  If they had, they
> would realize the ratio should be more like in the 6 to 8 range.  If the
> government wanted to dictate an arbitrary ratio, 3 is way too low.  Then to
> design the system to depend on the lowest risk people to overpay was a flaw
> in the design.
>

FINALLY!  Someone's actually digging out the facts and building a realistic
case.

Thank you Spike.
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