Health Care Signups: More Older Americans So Far
WASHINGTON (AP) — Younger people went for President Barack Obama at election time, but will they buy his health insurance?
New government figures show it's an older, costlier crowd that's signing up so far for health insurance under Obama's health care law. Enrollments are lower for the healthy, younger Americans who will be needed to keep premiums from rising.
Young adults from 18 to 34 are only 24 percent of total enrollment, the administration says in its first signup figures broken down for age, gender and other details. Officials want that total closer to 40 percent.
Enrolling young and healthy people is important because they generally pay more into the system than they take out, subsidizing older adults.