Health reform and the individual mandate

Tom Snook, Principal & Consulting Actuary, Milliman Inc. writes, "Regardless of our political views – and if you’re wondering, mine happen to be independent, moderate and centrist – our professional expertise tells us that in the absence of underwriting and other traditional insurance risk management provisions, something is necessary to address adverse selection. The individual mandate may offer that something—as I indicated almost two years ago in a paper co-authored with Ron Harris. Without it, the sustainability of private health insurance is at risk." Read the full post...