Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Young Americans Could Experience Sticker Shock When Exchanges Go Live
AISHealth Dec. 9, 2012
"[W]ith an age band as narrow as 3:1, premiums for younger people will be brought up considerably higher in order to compensate for older Americans, who typically utilize more health care services yet can only have premiums that, at most, are three times higher than those for younger people, who typically are light users of service. This, combined with a relatively low penalty for not getting coverage, could spell problems for risk pools, as the commissioners fear many young people will simple choose to pay the penalty and reject coverage."
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