One step closer to the “death spiral”
Young adults make up almost one-quarter of ACA signups
Young adults account for slightly less than one-fourth of the Americans who signed up for health plans during the initial three months of federal and state insurance marketplaces — a smaller share than government and industry officials have said will be pivotal to making the economics of the health-care law work.
The figures, part of a monthly progress report issued Monday on enrollment in the new marketplaces, offer the first glimpse into whether the health plans available under the Affordable Care Act are becoming provinces of the sick and old — or are managing to attract young, healthy people who previously did not consider insurance worthwhile.
According to the report, released by Health and Human Services Secretary Kathleen Sebelius, 23 percent of nearly 1.2 million people who enrolled through the federal insurance marketplace by the end of December are between the ages of 18 and 34. In 14 states and the District, which are running their own new marketplaces, 25 percent of the nearly 900,000 people who enrolled fall within that age group.
The figures mean that the proportion of young adults who have signed up is smaller than estimates by the government and outside health policy analysts have suggested is necessary to make the exchanges work well. It is estimated that roughly two Americans in five in the new health plans should be young adults to prevent the plans’ premiums from rising and some insurers from potentially dropping out.
Well, that’s strange, because Obama won this age group both times. These are his base, yet these same folks don’t seem too enthused to sign up for the same piece of sh*t they wanted for everyone else.
[…] 13, 2014 • 0 Comments Here’s the latest in the Obamacare bad news department.-Not enough young Americans are signing up. What a shock.-People who are enrolled still can’t see the doctor or other providers. Or at […]