The Daily Caller
by Robert Donachie, Finance and Health Care Reporter
7/17/2017
Excerpt:
Fox News contributor Brit Hume said Sunday that Obamacare’s mandate that insurance companies cover those with pre-existing conditions completely undermines the concept of insurance.
“The triumph of ObamaCare is this coverage for pre-existing conditions, which basically defeats the whole idea of insurance,” Hume said. “For example, in the automobile insurance market, if you could wait till you had a wreck and then buy insurance and have the repairs covered, that’s comparable to what we’re doing here.”
He went on to say that the concept of insurance is to protect oneself from any unforeseen risks in the future, not to acquire it once one falls prey to illness. “The idea of insurance is that you purchase it to guard against risks and things that may occur in the future. It’s not that you purchase the coverage after you’re already sick,” Hume said.
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