2seaoat wrote:Nobody denies his expertise, but until the penalty phase has gone through a couple cycles, the pat answer that young people will not buy these policies which are so INEXPENSIVE is untested. My prediction is that in three years folks are going to buy insurance rather than pay the penalty.
Wait until they see the premiums. Of course President Barack Hussein Obama has delayed many of the mandates and increases NOW until he is out of office.
Here we have 2seaoat depending on insurance and has no clue how it works.
Statistically the oldest group of insured cost six times what it costs to insure the youngest group. Progressives, in their "infinite wisdom" thought it would be a GRAND idea to pass a mandate, as part of ObamaCare that insurance companies can only charge the oldest group THREE TIMES the cost of the youngest.
I have no idea what they were thinking or smoking at the time.
That means that the insurance companies have to charge FAR MORE for the youngest in order to pay for the oldest.
Shocking, simply shocking is the fact that far fewer young people are signing up than necessary and Sebelius still claims that they have NO IDEA of how many of their supposed 5 million enrollees have ACTUALLY paid yet.
They think we're so gullible, well the Progressives are but that's another story, that they really have no way of knowing.
ANYONE here have any doubt who is and will be paying far more? Remember when President Barack Hussein Obama PROMISED...AGAIN that he would not sign anything that added ONE DIME to our debt. Whew!