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To: Iron Munro
"A number of insurers found that their enrollees were sicker than they expected, and that's driven premiums up," Levitt said.

No doubt these insurers made apple pie and sunny day predictions of lots of young healthy new customers that paid their premiums and never got sick. (Pressured to do so by the Obama administration)

But any reasonable semi-intelligent young person would rather pay the tax (penalty) than buy an expensive policy that they don’t need.

So naturally these insurance companies have been bitten in the buttocks by reality and now must adjust their policy premiums upward to compensate for the realities of the market as it exist rather than the artificial reality that the Democrats dream of in their socialist philosophy.

5 posted on 07/05/2015 3:28:43 PM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: Pontiac

But any reasonable semi-intelligent young person would rather pay the tax (penalty) than buy an expensive policy that they don’t need.


Most young people would be wise to make sure their medical coverage for auto accidents is high. That is how they are most likely to be injured.


13 posted on 07/05/2015 6:59:41 PM PDT by rbg81
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