Post by brianpugh on Jan 21, 2018 2:09:00 GMT -6
Hi,
A big one. Many are surrendering policies. According to the sector’s regulator, the Health Insurance Authority, two million people were insured at the end of September, a fall of 62,000 or 3.2 per cent in a year. Most worryingly, the number of people aged 18-29 with health insurance fell from 241,222 to 217,588, a decline of 10 per cent. Young, healthy people allow the costs for older, sicker people to be controlled, which is known as intergenerational solidarity. If the young leave the market, that falls apart.
For More Details:
Campus Management Video
A big one. Many are surrendering policies. According to the sector’s regulator, the Health Insurance Authority, two million people were insured at the end of September, a fall of 62,000 or 3.2 per cent in a year. Most worryingly, the number of people aged 18-29 with health insurance fell from 241,222 to 217,588, a decline of 10 per cent. Young, healthy people allow the costs for older, sicker people to be controlled, which is known as intergenerational solidarity. If the young leave the market, that falls apart.
For More Details:
Campus Management Video
