There is one thing I stumbled on that concerns me about the proposed plan. Apparently under the current law insurance companies can't charge older customers more than three times that of younger people on the same insurance plan. Evidently they are proposing to loosen that to a 5-1 ratio with the new plan.
Maybe they are hoping for lower prices for younger people in order to get more young people paying into the pool and as a result it will lower overall costs. I just don't know if I trust the insurance companies to not just look for it as an opportunity for a money grab by dramatically raising rates on older Americans.



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