January 13, 2014
...Of those (click here) who signed up in the first three months, administration officials said, 55 percent are age 45 to 64. Only 24 percent of those choosing a health insurance plan are 18 to 34, a group that is usually healthier and needs fewer costly medical services. People 55 to 64 — the range just below the age at which people qualify for Medicare — represented the largest group, at 33 percent....
This is information from the US Census with projections into 2050.
This graph only includes Americans from the age of 18 to 24. If one examines the graph closely, the number of young people in the country in that age group is 25.2 million.
The total population of the USA is 313.9 million people. That leaves that age group of 18-25 at 8 to 9 percent of the population of the USA.
If the amount of those seeking health care through the new law is 24 percent in that age groups, that means there is a huge majority of these Americans are already involved in the exchanges. So, the 'idea' that ONLY 24% of this age group comprises the exchanges is actually very good news. The age group 45 to 64 are actually under represented in the exchanges. That actually creates a benefit to the cost of the premiums.
I am not surprised there are a greater number of young people in the exchanges, simply because folks over 35 are usually well employed and have insurance provided otherwise. The exchanges are not being used by the entire population of the USA. They are being utilized by people without health care.
I think the cost ratio is fine so far.
Young Americans are not stupid enough to believe this idiocy.
