What will health insurance look like on the new exchanges?

Here’s a reasonable guess from Megan McArdle:

What people are expecting seems to be a very expensive form of insurance (no gatekeepers or restrictions) on the cheap.  What they’re going to get is cheap insurance that they will be forced to buy.

Or as the Rolling Stones put it, You Can’t Always Get What You Want.

Here’s my comment to Megan’s blog post:

Remember the ’08 election issues? Solving the perceived problem of 45+ million uninsured was a major one.

Who knew it would be so easy to fix? Simply make it unlawful for these 45+ million to choose to be uninsured. Problem solved.

Just think of all the things we can solve.  Maybe we should outlaw unemployment.

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