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Politics : Mainstream Politics and Economics
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To: Wharf Rat who wrote (54262)10/4/2013 11:12:08 AM
From: longnshort1 Recommendation

Recommended By
FJB

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"Unless millions of young people volunteer themselves to pay premiums that have doubled or tripled from what was previously available to the young on the individual market, the program’s costs will spiral out of control precisely because of older (like Mr. Matthews) and sicker people who represent a large actuarial risk to the insurers. And that goes doubly for those getting a full ride on their health insurance."


why would millions of healthy young people pay 100s per month and then still have 9000 deductible before insurance kicks in. the kids won't do it and then cost will have to rise and then more kids won't join and the then cost will have to rise again. And then the costs will go up on the middle age middle class people and they will quit the program so then cost will have to go up again.




DEATH SPIRAL
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