That's interesting -- I've heard of things like this before, would love to see updates as you exercise it. Although hopefully you don't have to exercise it.

Huh -- this would probably be one of the reasons they'd be so insistent that they're not "health insurance" since this kind of selection is illegal to underwrite in health insurance, and is a plague of insurance markets: the young + healthy flee ("Nothing will probably happen to me") leaving only the old and ill to absorb all the risk, which defeats the point of insurance in the first place.

The "ethical" solution to this would be to leave the uninsured to die in the streets if they got unlucky / can't afford care, which is how you keep these markets honest. Most find that an unpalatable solution, though. I've also noticed that dedication to market principles around healthcare erodes substantially when a person draws the short stick.