The Exchanges Need Healthy People, It Doesn't Matter If They Are Young #24,321

Here we go again. The NYT told readers:

"A quarter of private plan enrollees are ages 18 to 34, who tend to have lower medical costs and their premiums are needed to help pay for the higher costs of insuring older and sicker consumers."

In the real world outside of wonkville wisdom the age of enrollees makes little difference to the finances of the program. It will matter if there is a skewing by health conditions. The logic is simple and straightforward. A healthy 60-year old and a healthy 2...