I’m not sure I’d agree with the idea of charging different rates for folks in different age groups. You would significantly lower the fees in the group for the young, and destroy the ability of people in the elder high risk groups to obtain insurance. Ultimately that would shrink the pool of the insured and result in the rates for the younger group being impacted negatively anyway.Right, we all need to pay for a lifetime of healthcare. The youth of today will be old one day as well. Insurance is about spreading risk. The larger the pool the better.
Well, that’s the way I see it. I’m 56 by the way, so my turn at getting lower rates is ahead. I don’t like sticking to younger people, but I was young raising a family and I played the game. That’s how it goes.
Thanks for the response.