Wehrwolfen
Senior Member
- May 22, 2012
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by Robert Wilde
14 Jan 2014
The dreaded "death spiral" for Obamacare is looking more like a reality. With 2.2 million Americans having signed up for Obamacare from October 1 to December 28, older, sicker pools of enrollees (ages 45-64) are outnumbering the younger, healthy enrollees (ages 18-34) by a margin of 55% to 24%.
According to a new Kaiser Family Foundation report, Obamacare will need about 40% of enrollees to be young, healthy adults to “cross-subsidize” the older and sicker participants. "If enrollment among young adults falls short, then the total amount of premiums collected by insurers will be less than the total health care expenses of enrollees plus administrative overhead and profit," the report states.
[Excerpt]
Read more:
Time Expiring for Obamacare to Avoid Death Spiral
Obama's young are failing to follow his orders to join the Ponsi scheme. In the end Obamacare is destined to fail. Obama will make certain the middleclass taxpayer will foot the bill.
14 Jan 2014
The dreaded "death spiral" for Obamacare is looking more like a reality. With 2.2 million Americans having signed up for Obamacare from October 1 to December 28, older, sicker pools of enrollees (ages 45-64) are outnumbering the younger, healthy enrollees (ages 18-34) by a margin of 55% to 24%.
According to a new Kaiser Family Foundation report, Obamacare will need about 40% of enrollees to be young, healthy adults to “cross-subsidize” the older and sicker participants. "If enrollment among young adults falls short, then the total amount of premiums collected by insurers will be less than the total health care expenses of enrollees plus administrative overhead and profit," the report states.
[Excerpt]
Read more:
Time Expiring for Obamacare to Avoid Death Spiral
Obama's young are failing to follow his orders to join the Ponsi scheme. In the end Obamacare is destined to fail. Obama will make certain the middleclass taxpayer will foot the bill.
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