Detailed text transcripts for TV channel - FOXNEWS - 20140115:17:34:00
Obamacare is a good deal if you're older and you have preexisting health conditions because it basically asks the young and healthy to subsidize the premiums of the older and sicker. the issue is if young people don't sign up and early evidence is that they're not signing up in sufficient numbers, then the insurance pool is too expensive. that means that rates will go up and a few more people will drop out. there have been eight states that have done the same reforms that obamacare is enacting right now and the experience is pretty much the same in all of them. you see a rate spiral as young p...