Pajama Boy didn’t sign up for Obamacare afterall


Rubio Testifies on Obamacare: High ‘Risk of a Bailout’

What this means is pretty straightforward: the rates being charged by the insurance companies were based on young and healthy people signing up. But because that isn’t happening, companies in the exchanges will not be able to offset the costs of insuring older and less healthy individuals. And as a result, the risk corridor will be needed to bailout the companies for their losses.

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