Younger, healthy enrollees lag in health exchange sign-ups, raising threat of higher premiums

  • Article by: MICHAEL R. BLOOD , Associated Press
  • Updated: November 15, 2013 - 12:25 PM

LOS ANGELES — Fears that insurance exchanges that are the linchpin of President Barack Obama's federal health care overhaul wouldn't attract the young, healthy people needed to make them financially viable are being heightened by the early results of signups in several states.

  • 28
  • Comments

  • Results per page:
kkjerNov. 15, 13 7:52 AM

I have been an HR executive for over 20 years and if young people had enrolled in companies group plans most people would have seen a significant reduction in premiums over the last 20 years. Companies over the years have tried all kinds of incentives to get young people to enroll and nobody that I know of has been successful. The problem as I see it is one they are mostly very healthy and they don't think they are going to get sick. The second reason is the cost ration between what they earn and what the insurance costs. For young people who are making 10-12 dollars an hour, the cost of health insurance isn't anywhere near the importance of a car payment and car insurance. That is where Obamacare is really missing the target. I creates a policy where young people are paying for things in the insurance policy they don't need or care about. Give them a policy with a high deductible, does not pay for mammograms, colonoscopies or prostate tests, and bring the cost down to under a 100 bucks a month and you might, MIGHT, get some interest.

27
1
sibley61Nov. 15, 13 9:49 AM

kkjer. Your rational, intelligent, sensible analysis is one of many things lacking with the government hacks that think they know better. Free market worked pretty good up until now. OK, Obama supporters, take your shot and call me names.

19
3
theagonybhoNov. 15, 13 9:56 AM

Obamacare will fold under its own weight. Any plan that relys on the healthy young to sign up to sustain itself is doomed. I went 27 years without seeing a doctor after college, that would have cost me 75,000, i dont see the young signing up until they absolutely need it.

17
1
circleoflifeNov. 15, 1310:06 AM

Without these healthy young adults paying into the system other than a tiny fine, the program will fail. Period. My question is, what is the Democrats solution to that? What is the plan if that happens? I'm asking the Democrats because this is their baby.

19
2
drichmnNov. 15, 1310:11 AM

"That is where Obamacare is really missing the target. I creates a policy where young people are paying for things in the insurance policy they don't need or care about." ... there is a catastrophic policy for people under 30 and for people over 30 who would be paying more than 8% of their income for insurance.

3
8
la55122Nov. 15, 1310:12 AM

It's unbelievable that the Obamacare authors couldn't figure out this result. Incompetence on a grand scale or was the plan all along to have this scheme collapse and bring on a mandatory single payer system? Medicare for all, anyone?

12
2
stripeNov. 15, 1310:17 AM

kkjer does have a rational, intelligent point and it makes complete sense, esp since he/she worked in the industry. sibley however, took it and twisted the essence into "obama supporters" and expects to be called names. Way to lose from the get go. Free market worked well if you had insurance. This solution is a disastor, but if the free market solution was superior, tell me how many healthy people who couldn't afford health insurance (becuase of the free market) suddenly got hit by a car, or got diagnosed with cancer, and lost their assets and/or had to declare bankruptcy.

3
12
sternitzkyNov. 15, 1310:17 AM

First and foremost any product must have appeal and perceived benefit at a reasonable price before anyone will buy it, from apples, to cars, to houses, to insurance, to anything, this hold true. Telling people they MUST purchase something or face a fine seems to take away the feeling that this is really going to benefit me. If the product is good people will see the benefit and buy it. If they perceive it as a really good benefit people will even pay a premium and wait in line to do so. Just look at any Apple Store, an appointment recommended to speak to a sales person.

9
1
liberallymnNov. 15, 1310:17 AM

Young invincibles may have bought into Hope and Change as an ad campaign, and may have grown tired of our involvement in the Iraq War; but they didn't sign up for replacing their car payment for health insurance. The White House and Congress had a chance to ease into this with moderate benefits and moderate prices, but instead of being conservative with introducing massive change to a public that doesn't do 'massive change' well, they went for the homerun and they struck out. Odd that President Obama keeps referencing fumbles and 'a game' when the subject of health care is anything but. I don't know what the answer to this problem is, but I do know it lies heavily on the 2014 mid-term elections. While 92 moderate Democrats sacrificed their careers by voting for ACA and then losing their seats in 2010, the next wave of replacements will certainly include Al Franken and others who voted to eliminate over 10,000 Minnesota jobs. In spite of his empty gestures to repeal the medical device tax, there is no hiding the fact that he cast the decisive 60th vote that put this monstrosity of a lay into place....with the medical device inside it. If he was truly concerned with MInnesota jobs, he would have held out for his vote until they took the medical device tax out. The fact he didn't hold out tells us all we need to know about his concern for our welfare.

10
1
acctsah2Nov. 15, 1310:18 AM

Ummmmmmmm.......I think I may be missing something. This has been known for quite some time, but suddenly it's news and surprising? kkjer is 100% correct, this is not new because of Obamacare, it's been the norm for quite a few years. So as the article said, they are going to have to raise premiums to cover all of the additional cost, duh. I would say it's unbelievable, but it's really not.

11
2

Comment on this story   |  

  • 60°
  • 66/50
  • Cloudy

The Drive: Metro traffic

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

question of the day

Poll: Can the Wild rally to win its playoff series against Colorado?

Weekly Question

ADVERTISEMENT

ADVERTISEMENT