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November 5, 2013

WSJ: Young Avoid New Health Plans

Topics: Political News and commentaries

Not a promising sign for the financial success of Obamacare ...

Insurers say the early buyers of health coverage on the nation's troubled new websites are older than expected so far, raising early concerns about the economics of the insurance marketplaces.

If the trend continues, an older, more expensive set of customers could drive up prices for everyone, the insurers say, by forcing them to spread their costs around. "We need a broad range of people to make this work, and we're not seeing that right now," said Heather Thiltgen of Medical Mutual of Ohio, the state's largest insurer by individual customers. "We're seeing the population skewing older."

Looks like we're already moving toward that $6.2 trillion tax and debt burden on future generations.

Posted by Hyscience at November 5, 2013 2:35 PM



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