Problem
Some states have proposed requiring community rating, that is, insurance companies would not be allowed to charge individuals different premiums, regardless of their health, age, or sex; everyone in the community would pay the same premium. Discuss the possible consequences of community rating. Evaluate such proposals from the perspective of equity and efficiency.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.