I have also been pointing our for some time exactly what Humana said: while it is true that the healthier or younger insurees were supposed to subsidize the sicker or older ones, in reality even this isn’t workable. While older insureds may pay less for their plans, the benefits have been severely reduced by everything from a reduction in covered procedures to a huge rise in the deductibles and out of pocket expenses. This is going to be devastating to Medicare Advantage subscribers.
So in other words, no one benefits from Obamacare.
Except Big Government control.
Also, the “Silver Plan” pays subsidies for deductibles and co-pays, and it also caps total out-of-pocket costs each year at a much lower level.
The “Silver Plan” is essentially open to the lower income groups and will be paid for, in theory, by the unsubsidized higher income groups.