One thing that is often discussed in reference to health insurance is that if someone is unexpectedly afflicted with a chronic condition, their health insurance premiums will usually increase drastically. Health insurance for someone diagnosed with a chronic condition might go from $2,000 a year to $10,000. Many people would be unable to pay the higher amount, and cite this as a reason for making health insurance non-voluntary with a very large risk pool.
However, having health insurance premiums unexpectedly increase is the sort of personal risk that can itself be insured against. Sometimes called "health status insurance", such insurance pays out a lump sum or as an annuity if an event occurs that drastically raises health insurance costs. Here is an article discussing health status insurance: http://www.cato.org/pub_display.php?pub_id=9986 _______________________________________________ http://mccmedia.com/mailman/listinfo/brin-l_mccmedia.com
