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Unanimous Senate points the way toward ending private health insurance

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  I totally agree with the U.S. Senate’s unanimous vote yesterday to prohibit insurers, among others, from discriminating against those with genetic predispositions to certain medical afflictions. (story)

But such a prohibition destroys the fundamental principle of insurance. Insurance is a shared-risk pool into which we all pay amounts that are commensurate to the statistical probability that unforeseen circumstances will cause us to withdraw funds.

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admin @ April 28, 2008

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