Insurance and Pandemics
The federal government intervened in the insurance market post-9/11 by creating a program to cover terrorism risks, ensuring that private insurers could offer necessary policies. This model is now being considered for pandemics, with lawmakers proposing a similar safety net for insurance claims. The economic impact of not providing such coverage could be devastating, as seen in the aftermath of the 9/11 attacks when even basic businesses struggled to secure insurance.In this clip
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