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VodkaPundit

Your ♡bamaCare!!! Fail of the Day

April 18th, 2014 - 9:25 am

INVINCIBLE

Whoops.

Around 40% has been the most common answer given to the question of what percentage of Young Invincibles is needed to make the exchanges solvent. That 28% is “up” from 27% the month before — and the young invincibles were the ones who were expected most likely to sign up at the last minute. So it’s a pretty safe assumption that the youth surge never happened.

And those who did sign up are probably also the most likely to drop out after making only a payment or two.

I’d like to stress however that this is a national average. Some states will be in better shape, while others must already be actuarial disaster areas.

Bailouts today, bailouts tomorrow, bailouts forever!

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All Comments   (4)
All Comments   (4)
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What percent of those are 18-26 year olds who are actually on their parents' policies, and therefore not actually paying into the slush fund? Seems like that's a pretty important subset of the demographic that needs to be quantified.
27 weeks ago
27 weeks ago Link To Comment
Good point, I just assumed that the numbers didn't include this group and wondered at the failure of planners to recognize that these kids wouldn't sign up on their own. But maybe i've got that backwards, maybe they've inflated the numbers by including young adults added to their parent's policies.
27 weeks ago
27 weeks ago Link To Comment
And that of course assumes one believes the number to begin with. And if one does, I have a bridge for sale.
27 weeks ago
27 weeks ago Link To Comment
And don't forget, "young invincible" is two things--young AND invincible. The likelihood is these are the least invincible young.
27 weeks ago
27 weeks ago Link To Comment
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