Health economists and insurance companies have warned that unless significant numbers of young adults enroll in the commercial plans being sold under the Affordable Care Act, the plans could be financially unsustainable.
In a more worrisome trend, Californians aged 45 to 64 accounted for 45,945 enrollees, or 58 percent of the total. They make up 25 percent of the population. There is concern that if older adults make up too much of the insurance pool, their often-higher medical claims will also threaten the plans.
Disrupting the Borg is expensive and time consuming!
Google Search
-
Recent Posts
- Time Of Observation Bias
- Climate Scamming For Profit
- Climate Scamming For Profit
- Back To The Future
- “records going back to 1961”
- Analyzing Rainfall At Asheville
- Historical Weather Analysis With Visitech
- “American Summers Are Starting to Feel Like Winter”
- Joker And Midnight Toker
- Cheering Crowds
- Understanding Flood Mechanisms
- Extreme Weather
- 70C At Lisbon
- Grok Defending The Climate Scam
- “Earlier Than Usual”
- Perfect Correlation
- Elon’s Hockey Stick
- Latest Climate News
- “Climate dread is everywhere”
- “The Atmosphere Is ‘Thirstier.’”
- Skynet Becomes Self Aware
- “We Have To Vote For It So That You Can See What’s In It”
- Diversity Is Our Strength
- “even within the lifetime of our children”
- 60 Years Of Progress in London
Recent Comments
- conrad ziefle on Time Of Observation Bias
- conrad ziefle on Time Of Observation Bias
- Mike on Climate Scamming For Profit
- conrad ziefle on Time Of Observation Bias
- Francis Barnett on Climate Scamming For Profit
- Bob G on Time Of Observation Bias
- arn on Climate Scamming For Profit
- Crashex on Climate Scamming For Profit
- Robertvd on Climate Scamming For Profit
- Gordon Vigurs on Climate Scamming For Profit
Explaining Obamacare for deaf people.
http://youtu.be/7d2L2v_9Nbw
My goodness, does this mean older Americans with lots of assets will have to pay proportionately for the care they receive rather than charge off a portion of the bill to their kids? Shocking!!
The real flaw in sticking it to young people is that hospitals have to provide acute care to those who need it and if a young person without assets (but a lot of student loans perhaps) gets hurt and it costs hundreds of thousands of dollars for treatment, bankruptcy court is an easy escape.
To show how easily people are distracted by shiny bobbles, read the comments at Reuters. 1 million California policies were cancelled, covering well over 1 million people, and we’re to be happy with about 160,000 people enrolling in plans. If California meets the target, which the article doesn’t even specify, there will still be fewer people with coverage than before Obamacare.
But of course, the net doesn’t matter, it is all about whatever can be attributed to the dear leader, regardless of how much it costs. If 100 million were thrown off, and 30 million signed back up, they’d be claiming that all the 30 million uninsured now had coverage.
Steve,
O/T but FYI
http://thepointman.wordpress.com/2013/12/12/who-is-michael-smith/
There is a simple moral from this story – Nothing in life is free.
As for Sean’s point, in the UK (far from ideal I know) the concept is that you pay from the start when you are young (just as you with pensions) in the knowlege when you are old you can reclaim what you have paid in.
Unfortunately you have to start somewhere. So the kids who voted Obama have to accept they will have to pay for their own old age, as well as their grandparents.
Remember the first Ocare Amendment from the House contained two parts and it was quickly blasted out of the water by the Congress.1) delay enrollment for everyone
(which may happen anyway) and the one which eliminates one of the worst cases
of constitution abuse–
2) Make sure congress is held to the same standards. The Supreme Court ruled that the OCARE ACT
was a tax; By Constitution all taxation laws are to originate in the House. The executive branch can only execute the law, it cannot change the law– or so the constitution states.
Our President has made a mockery of the constitution in many ways, this may be one of the worst!!!!!!!
I just got the notice that my employer provided health plan is non-grandfathered and will be canceled January 1st. We will be moved to a compliant health care plan, but no information on how much that is going to cost me. Were not being moved into the exchanges, but the ObamaCare small company disaster is just starting.