Licensed to Ill
by Mathalicious

When a hospital treats a patient without insurance, it makes insurance more expensive for everyone else. To prevent this from happening, some people believe insurance companies should be required to cover everyone, and that everyone should be required to buy insurance.

Let’s return to the original scenario where a heart surgery costs $40,000. If everyone has to buy insurance, show what will happen in years 1-3. Do you think this is a better outcome than before? Why or why not?