Heidi Alexander said "Finally, the young and the healthy can skip out of this. That will drive up premiums. They may decide they would rather pay a $750 fine than $2,500 for a health insurance policy they think they don't need. The American Academies of Actuaries wrote a letter on the Reid bill on November 20 that said: ``Any premium variations by age limited to a 3.1 ratio between the highest and lowest premiums,'' and then it goes on to say, ``would cause higher premiums on average relative to current premiums.''" @ PoliticalQuotes.com

On the recordMarch 1, 2010

Finally, the young and the healthy can skip out of this. That will drive up premiums. They may decide they would rather pay a $750 fine than $2,500 for a health insurance policy they think they don't need. The American Academies of Actuaries wrote a letter on the Reid bill on November 20 that said: ``Any premium variations by age limited to a 3.1 ratio between the highest and lowest premiums,'' and then it goes on to say, ``would cause higher premiums on average relative to current premiums.''

Said by

Heidi Alexander

Labour Party

Source

govinfo.gov

Editor's note · Context

The speaker discusses the impact of health insurance policy changes on premiums and young people's decisions.

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