On the recordJanuary 30, 2007
And it is going to flood the insurance market with people who can't afford health insurance because of health problems. Now if you are young and healthy and wealthy, that is a great plan. That sounds fine. Go out in the insurance market and buy a high-deductible, catastrophic plan, and you will be fine. But for most American families in this country, we are going to see our insurance costs increase. Even if we are not participating in any of the new plans and nothing changes for us, our costs are going to go up because folks who are younger and healthy are now outside the system, and we are in the same insurance pool with everybody else.
Source
govinfo.gov
