> But plenty of healthy holdouts remain, and their resistance helps explain why insurers are worried about the financial viability of the exchanges over time. They say they sorely need more healthy customers to balance out the costs of covering the sicker, older people who have flocked to exchange plans.
Ah, the tragedy of the commons at work.
Healthy people don't buy insurance because it's too expensive. Insurance is more expensive because there are too many expensive sick people and not enough healthy people paying into it.
It's a terrible feedback loop, one which the IRS penalties were designed to solve.
Ah, the tragedy of the commons at work.
Healthy people don't buy insurance because it's too expensive. Insurance is more expensive because there are too many expensive sick people and not enough healthy people paying into it.
It's a terrible feedback loop, one which the IRS penalties were designed to solve.