What have I missed?You'd get plenty. You still get guaranteed issue. Simply pay the cheaper penalties until you get sick, then sign up.
Game the system, you mean. You may find it doesn't work that way.
It'll work for a while. They'll start cracking down on it eventually. When they do, today's fines will be a joke in comparison.
I meant your "plan" to wait until you get sick and then apply for insurance.
I know. Gaming the system is a perfectly rational response to an irrational system.
Not the point. Clearly you still don't understand how health insurance works.