Insurance companies are pirates without a doubt. But the new healthcare bill will prevent an insurance company from telling your son with a medical history, oooppps sorry no insurance for you with that nasty pre existing condition you have, or they wont be able to tell you well we think we paid enough for your sons medical needs and now your on your own fella.Getting back to the mandate, i beleive it will bring rates down, or well keep them from going up at 20 to 35% every year like they have been doing for the last 2 decades. The more people you bring into the insurance pool the better chance you have of keeping costs down. We have mandated auto ins in NYS, if we didnt you would have millions of drivers in our heavily trafficed state that would choose just not to have insurance, trust me. And if that were the case you would not find an insurance company that would wanna take the risk of insuring you and if they did you would be paying 5 times what you are paying now for car insurance.
Hey i might well be wrong about all this but what the heck has anyone else done about it so far but ignore the whole situation...