SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
FJB
To: J_F_Shepard who wrote (744147)10/4/2013 5:36:38 PM
From: longnshort1 Recommendation  Read Replies (1) of 1576397
 
here's the rest of the story

For every person like Matthews who signs up for Obamacare, several young people need to sign up as well to balance out the risk to the insurers, lest future premiums rise unsustainably at taxpayers’ and income-earning health insurance customers’ expense. Young people won’t get a free ride like Matthews because nearly all of them have earned income to report. So far, we know their premiums will be much higher for young people in most states, and in many cases they’ll pay more than they would currently even after getting a subsidy.

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.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News