What will the White House say about young consumers spurning ObamaCare? What will insurers say about growing anger over a promised bailout if, as expected, the new law causes chaos in the industry? When will urging and tweeting and cajoling of young Americans turn into un-hipster, non-ironic threats of fines? Somebody better call “Pajama Boy,” because the first demographic snapshot of ObamaCare signups looks like a mess. The shorthand: President Obama’s signature entitlement program needs 40 percent of its enrollees to be paying customers in the prime 18-34 age range. Otherwise, the risk pool will be too shallow and insurers will have to jack up rates even more on everyone else in order to stay solvent. The first numbers show only 25 percent of enrollees are in the most desirable demographic. The administration has until the end of March to herd people into the program, but if older, sicker and more costly customers continue to so heavily outnumber the young, “risk corridors” (a.k.a. bailouts) built into the law are sure to see some traffic.
[Daily Caller shares the story of former ObamaCare supporter Steve Freissunfortunate experience with Healthcare.gov.]
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bailout = government control= single payer system
ReplyDeletewhy do you think the bailout was written into the law
dumb sheep
Don't tell me that Obamacare can not be repealed. We do it by simply getting rid of Democrats.
ReplyDeleteIf the insurance companies don't get bailed out - it will fail and the Dems will push for single-payer / government-run.
ReplyDeleteWe need to vote themorons out of control so it can't go that way!
November will be very important for the entire country!
I dont know one person under 25 who has signed up.
ReplyDelete