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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: manalagi who wrote (101354)	9/13/2011 11:18:24 AM
From: Metacomet	Respond to of 149317

Yes, every month beyond your 65th birthday, the premium will go up and there is no turning back. Yeah, now that you mention it, I do recall that wrinkle. But it makes sense to do that in a cooperatively funded system. Idea being that participants contribute to a pool to provide benefits to all the members of the group. Data has been established that member draw downs increase with age, as health issues tend to increase with age. By younger members avoiding contributing as soon as they are eligible, they are depriving the pool of the benefit of their lower expected costs of care, simply time shifting to when they would actuarialy be expected to be a greater burden to the class. Same argument, and logic, for the mandate issue in the universal proposal. If Americans can't understand how this works, I guess we will forever be relegated to a dog eat dog system. Too bad. In the rest of the industrialized world, civilization moves forward.