4 ms·

One big problem is that laws often restrict the ratio that insurance companies charge older people to younger people to at most 5 to 1. Starting in 2014, Obama

• seanmcdirmid 14y ago
  This is how it works in Switzerland except...the insurers aren't allowed to discriminate at all. So ya, the young kids heavily subsidize the elders...the misery of that! (Also, everyone buys insurance themselves, poor people get help, your employer doesn't buy your insurance) And what is wrong with this exactly? We all get old eventually, so this subsidy is actually fair. > You'll be paying significantly more, with no direct benefit. Only true if you don't plan on getting old.
  • dfxm12 14y ago
    Or if there are more old people now, when you're young, than there will be young people when you are old. :P