Will the Young and Healthy Enroll in Health Insurance?
Posted at 2:15 p.m. on Oct. 28
The New York Times looks at concerns “that the technical problems bedeviling the federal portal could become much more than an inconvenience” if the “young invincibles” choose not to enroll in health insurance under President Obama’s health care reform law.
“Younger people, who tend to have very low anticipated medical costs, are supposed to help pay for the medical costs of older or sicker enrollees. Without them, so-called risk pools…might become too risky, forcing insurers to raise premiums. Those higher premiums could dissuade more of the young and healthy from signing up, forcing insurers to raise prices again.”
“Even with the public campaigns, only about one in four 19- to 29-year-olds is even aware of the exchanges where they might buy affordable insurance… That lack of awareness makes it all the more important that those who do know about HealthCare.gov — and try to purchase insurance there — are not dissuaded because of the glitches.”