In her classic 1993 article, “The Struggle for the Soul of
Health Insurance,” Deborah Stone contrasted the principle of mutual aid—“the
essence of community” in the face of sickness—and the principle of actuarial
fairness, under which “each person should pay for his own risk.” Stone claimed
that “in most societies sickness is widely accepted as a condition that should
trigger mutual aid,” while in the United States, a competitive insurance
industry fosters in people “a sense of their difference, rather than their
commonalities, and their responsibility for themselves only, rather than their
interdependence,” leading to the fragmentation of “communities into
ever-smaller, more homogeneous groups” and “the destruction of mutual aid.”
The United
States has, as Stone observes, long been an
outlier in its approach to financing care for sickness. Over the past half
century, we have developed mutual aid-based programs to care for some, but most
Americans have had to pay the “actuarially fair” cost of their care, either as
individuals or as employee groups. Mutual aid has existed only on a limited
scale. The Affordable Care Act is the most comprehensive attempt to date to
remedy this situation.
In her classic 1993 article, “The Struggle for the Soul of
Health Insurance,” Deborah Stone contrasted the principle of mutual aid—“the
essence of community” in the face of sickness—and the principle of actuarial
fairness, under which “each person should pay for his own risk.” Stone claimed
that “in most societies sickness is widely accepted as a condition that should
trigger mutual aid,” while in the United States, a competitive insurance
industry fosters in people “a sense of their difference, rather than their
commonalities, and their responsibility for themselves only, rather than their
interdependence,” leading to the fragmentation of “communities into
ever-smaller, more homogeneous groups” and “the destruction of mutual aid.”
The United
States has, as Stone observes, long been an
outlier in its approach to financing care for sickness. Over the past half
century, we have developed mutual aid-based programs to care for some, but most
Americans have had to pay the “actuarially fair” cost of their care, either as
individuals or as employee groups. Mutual aid has existed only on a limited
scale. The Affordable Care Act is the most comprehensive attempt to date to
remedy this situation.