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Actually, fire insurance would be a good model for health insurance

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In attempt to mock conservatives’ reaction to the landmark study finding that Medicaid coverage did not improve physical health outcomes, Paul Krugman snarks that “Fire Insurance is Worthless! After all, there’s no evidence that it prevents fires.” Actually, fire insurance would be a pretty good model for health insurance. True, in its early days, before modern fire departments existed, fire...

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