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>> What if more people decide to not get healthcare? This is exactly what happened under the ACA. This is also the main reason many major health care companies
by at-fates-hands 7y ago
>> What if more people decide to not get healthcare?
This is exactly what happened under the ACA. This is also the main reason many major health care companies like Aetna and UHG dropped out of the exchanges:
Insurers need young people to, in a basic sense, pay into the system, since they tend to be healthier and use fewer healthcare services — thus partially subsidizing the older and less healthy people that cost more to cover than they pay in.
Since the rollout of the exchanges, the number of young, healthy people signing up has not been enough to offset the sicker population, leading to millions of dollars in losses for many insurers.
https://www.businessinsider.com/millennial-uninsured-rate-obamacare-problem-isnt-going-away-2016-9 https://www.businessinsider.com/millennial-uninsured-rate-ob...