Quote:
Originally Posted by mardigras
Simple... by having all the healthy people who weren't buying insurance in the system there is more money to cover the costs of those who need it. Healthy people have low medical costs.
What keeps the insurance companies from sucking the money out are the provisions in the Affordable Care Act that require them to use a specific percentage of premiums for actual health care.
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you pretty much nailed it, so it comes down to young healthy people being forced to pay for those that are less healthy and then on top of that insurance company takes a cut out of the whole deal...
so winners in this arrangement are:
1. insurance companies
2. those that are less healthy
doesn't sound very fair to me...