That’s not insurance! It’s a huge transfer of wealth from people who work for a living to those who don’t, accomplished by forcing the workers to buy insurance that’s not insurance. Obamacare has made actual health insurance “illegal.”
It’s not “insurance” when what I want to insure against isn’t covered, but paying for other people’s health care needs — defined broadly — is mandatory.
It’s as if you wanted to buy a car, so you paid for a Toyota — but then all you got was a 10-speed bike, with the rest of your purchase price going to buy cars, bikes and helmets for other people.
Or, more precisely, it would be like having the option of car insurance that covers either collisions or liability, but not both. Your car insurance premium would be gargantuan, because most of it would go to buy insurance, gas and air fresheners for other people in the plan.