Who’s Signing Up?


Source: Avik Roy.

Comments (17)

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  1. Mark says:

    Death spiral, yay!

    • Lucas says:

      Of course, it was bound to happen!

    • Jimbino says:

      Yes, Mark,

      and to help the death spiral along, we owe it to our youth to explain:

      1. All insurance implies a loss in expectation value, on average.
      2. All insurance disfavors risk-takers in favor of the risk-averse.
      3. Insurance is a religion that many, including Jesus (Matt 6), the Amish and Mennonites, and other sensible folks consider anathema to proper human life.
      4. Insurance carries “moral hazard” that causes folks to drive faster, disdain seatbelts, eat fast-food, drink milk, eat white bread, have sex and breed like crazy. All sorts of bad behavior.
      5. Young folks use 1/6 the health care of old folks, yet pay 1/3 the premium. Young men use 5/9 the health care of young women, yet pay the same Obamacare premium.
      6. You do not EVER have to pay the Obamatax for not carrying health insurance. You just need to maintain control of your tax withholding until you die, so as NEVER to leave a dollar on the IRS table. Wait for whole industries to spring up to help you manage your withholding.

  2. Billy says:

    Few people in the media seem to be paying attention to this.

  3. Wilbur says:

    Of course young people don’t want it. They don’t get sick easily.

  4. Wiliam says:

    Look how those numbers shift from uninsured into ACA as the people get older and sicker.

  5. Jackson says:

    “Cost Increases Likely”

    Beep! Beep! Understatement alert!