Not every retiree is over 65. And besides, Medicare is getting very expensive, too:
How many retirees do you really think there are on individual coverage plans?
Besides that if you are part of a group insurance plan, they aren’t part of your group, or your risk pool.
Exactly. Now that the affordable care act regulated insurance companies ability to determine patients, higher risk people are joining and having their healthcare subsidized by the other plan members.
Do you really think that there are that many higher risk people who can afford to be on the exchange? And once again, they are not part of your pool if you are under a group plan. If they are part of your group plan, they would have been eligible for the same prices before the ACA.
Now that companies are forced to charge the same rates, there's nothing stopping people from not buying any health insurance (or very cheap health insurance) until they start having high medical costs and then joining an insurance plan to have their costs born by the other customers. People are smart. If they can have their cake and eat it too by passing their costs off to other people, they're going to do it.
If only the people who came up with the ACA had “mandated” health insurance or force them to pay a penalty. Oh wait! They did...
Not every retiree is over 65. And besides, Medicare is getting very expensive, too:
How many retirees do you really think there are on individual coverage plans?
Besides that if you are part of a group insurance plan, they aren’t part of your group, or your risk pool.
Exactly. Now that the affordable care act regulated insurance companies ability to determine patients, higher risk people are joining and having their healthcare subsidized by the other plan members.
Do you really think that there are that many higher risk people who can afford to be on the exchange? And once again, they are not part of your pool if you are under a group plan. If they are part of your group plan, they would have been eligible for the same prices before the ACA.
Now that companies are forced to charge the same rates, there's nothing stopping people from not buying any health insurance (or very cheap health insurance) until they start having high medical costs and then joining an insurance plan to have their costs born by the other customers. People are smart. If they can have their cake and eat it too by passing their costs off to other people, they're going to do it.
If only the people who came up with the ACA had “mandated” health insurance or force them to pay a penalty. Oh wait! They did...
Not every retiree is over 65. And besides, Medicare is getting very expensive, too:
And that had nothing to do with the ACA.