ObamaCare is based on three interlocking ideas: guaranteed issue, meaning no one can be denied insurance coverage; an individual mandate to get that coverage, so healthy people stay in the risk pool; and subsidies to provide for those who can't afford to pay. There's a lot more to it than that, but those are the bedrock principles.
Aaron Carroll has done another video in his series on how foreign countries do their healthcare, and this time Germany is up. Germany's system works more or less how ObamaCare will work if it can ever be implemented thoroughly throughout the country. It's a largely private system, individuals are required to buy coverage, and the government steps in if people can't pay. Here are three takeaways:
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