In other words, my premiums will go down because healthy young people who currently get by without insurance will be forced to buy policies they may not even want. (When I was young and healthy, I got by quite happily with a bare bones Blue Cross policy that only covered catastrophic expenses). It's a wealth transfer from the young and uninsured to the old and insured.But, as an insured old fart, who am I to complain?
In other words, my premiums will go down because healthy young people who currently get by without insurance will be forced to buy policies they may not even want. (When I was young and healthy, I got by quite happily with a bare bones Blue Cross policy that only covered catastrophic expenses). It's a wealth transfer from the young and uninsured to the old and insured.
But, as an insured old fart, who am I to complain?
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