New Haven appealed to the governor to sign a health-care pooling bill—and disregard an HMO’s version of New Math.
According to the New Math promoted this week by the president of Anthem Blue Cross & Blue Shield, adding tens of thousands of people to a health insurance plan drives up the cost—in this case by luring a less healthy mix.
According to conventional math, adding more people to a plan drives down costs by spreading risk and commanding a more competitive price from insurers.
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