I missed this when it came out (on New Years Day) but was looking for a way to set up a discussion of health reform possibilities for my class next week, and this is an effective and simple example that will help anyone figure out how they think health insurance premiums should be set. Students in my PPS 178 class (comparative health systems) I want you to do this before class on Tuesday: (1) decide what you think is the way premiums should be set in this example. (2) Then, read through the many thoughtful comments to the post.
My first column in the Raleigh, (NC) News and Observer (last June!) touches on this general issue.