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To: rdcbn
Most young people are best served by purchasing a very low cost health insurance program that primarily protects them from catastrophic or unforeseen major medical expenses.

That's illegal now.

13 posted on 08/16/2013 10:59:32 AM PDT by SoothingDave
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To: SoothingDave
Yes it is.

“Socializing “ the cost of medical care fundamentally means taking more money from healthy people who don't need medical care and spending it on the care of those who do but do not pay the full costs of their care.

In essence, the healthy subsidize those who are using the system or defrauding the system ( I include fraud because audits consistently find 20-60% of Government healthcare dollars go to fraudulent charges) for those the costs of the non payers

The problem with spreading the costs is very simple - to many non payers riding the system and too few paying into the system.

Now young people will have carry a lot of the burden because there simply are not enough payers to spread the costs.

14 posted on 08/16/2013 11:11:59 AM PDT by rdcbn
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To: SoothingDave
No, under 30s will still be able to purchase a high-deductible policy.

Young people up to age 30 will have the option to enroll in high-deductible plans with low premiums. These “catastrophic coverage” plans have $8,000 or $10,000 deductibles, but they protect people from huge medical bills. “Young invincibles” don’t think they will get sick, so they don’t think they need health insurance. These high-deductible, low-cost plans will be available to people under 30.

16 posted on 08/16/2013 3:24:09 PM PDT by steve86 (Some things aren't really true but you wouldn't be half surprised if they were.)
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