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"Already the enrollment of young adults appears to be lagging behind expectations."------ Whose expectations? I heard numerous people say that that young adults wouldn't enroll and it's looking like they were correct.
We are witnessing big government failing. Both at the state and national level.
Watch your premiums next year. The fireworks will be impressive.
Come November 2014, remember this program was rammed down the American taxpaying citizen's throats by the democrats. Also, remember that the "shutdown" occurred because the dems and their almighty leader refused to delay the implementation of obamacare during the negotiations, but then turned right around afterwards only to do exactly what the House proposed in the first place!
The deadline is March 31, 2014. Two months in is way too early to be declaring young people won't sign up especially when the first 6 weeks was plagued with website issues.
Premiums this year are not too bad -- because the State of MN Commerce Department rejected the rate filings until the rates were suitably low.
Next year, the plans will be using mostly demographic enrollment information to file their rates, because they won't have a claims history that is credible. And they won't have many young invincibles in that demographic.
But just wait until 2017!! That's when the Federal Reinsurance program goes away. That program pays the health plans for catastrophic losses, and is protecting the health plans -- and is one of the primary reasons for our low rates.
That is when you will see the SKYROCKETING prices. Those increases should have come this year, but have been kept at bay by the ACA.
The real prices will come in 2017. Just when Obama is safely out of office...
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