Reply #6: Technically I think so. Feasably, probably not. [View All]

[mainegreen]

You would likely get a very high percentage of under or uninsured who have existing conditions. Premiums would by necessity be high, and would prevent low risk people from joining the co-op. This is the same force that drives insurers to not want to cover high risk or pre-existing condition people.
This is why any system that does not either place everyone in one mandatory pool or restrict rates changes to the basic groups of single, single with child, couple and family, as opposed to the current criteria which can be size of company, average age of employees, number of cat lady employees, etc, is doomed to not solve the problem.