re: #121 ShanghaiEd

Krauthammer says:

Well, yeah. Isn’t that how insurance works? The people who rarely get sick subsidize the people who do get sick.

Homeowner’s insurance? The people whose houses don’t burn down subsidize the people whose houses do burn down.

I’m sorry, but Obama didn’t invent this stuff.

But unless you have your house mortgaged, you aren’t obliged to have insurance on your home. You can choose to self-insure, if you wish.

What Krauthammer is warning about is the threat of government obliging you to buy insurance, whether you need it or not, so that you pay to to subsidize those who do.