Universal, Single-Payer Disaster Insurance: A Necessity in the Greenhouse Era

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Date

Aug. 8, 2016

News Type

Media Highlight

Source

Alternet

"We outlined this idea to several experts in disaster risk—Leigh Johnson of the University of Zurich, Lisi Krall of SUNY Cortland and Carolyn Kousky of the nonprofit Resources for the Future—and asked them for feedback. While they agreed with us that it would be necessary to deploy the stick of tougher risk-reduction policies along with the carrot of universal insurance in order to avoid subsidizing risky behavior, they had one major concern. Our plan, they worried, would be confronted with a problem that’s at the heart of all public insurance issues: the highly political process of setting premiums."

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