You would think libs would get this concept... But apparently they are too stupid.....
"The biggest problem with the exchanges reflects a basic insurance rule: Insurers need healthy, premium-paying customers to balance claims they cover from the sick."
Brings to mind the social security system when that was first enacted, those who contributed vs those who depended on it.
Yes, anyone who has studied SS knows that the dynamic of increasing workforce participation helped the system for decades.
We are looking to replicate that model ?
Not gonna work.
Although I don't see where I made the above reply, I will say this. Social Security originated at a time in the 1930s where there was a lot of older workers in the workforce, with a high unemployment rate among a younger generation who was being blocked from potential job opportunities that were already taken up by the presence of a much older generation. In short there was an economic employment issue that needed to be solved. When the plan was originally crafted the preconceived "government" model was sold under the concept that there would be over 42 employed workers contributing to the funding of every one retiree seeking those benefits.
Have you tried looking into how that ratio model is doing, from the one was forcasted to be the case when the government sold it to the American people?
Our government had this habit before through social security, of promoting and selling the American people on promises and gambling financial figures they know they can't predict or live up to. Why else do we find England, after all these years, trying to overcome increasing government debt as.a direct result of the NHS. A debt that is leading to treatment cuts and quality of care issues. Every government national plan meant to help the American people erodes into financial failure under a burden of debt that [surprisingly] they never seem able to foresee. Have we learned yet?