And so it's pretty cheap to insure a young, healthy person. If you're older and sicker, it's more expensive to insure you. And What Obamacare did is it mandated that essentially the young healthy people pay higher premiums to subsidize the older, sicker people. Now, one of the weird things that's backwards about this, if you look during the course of a person's life, typically they earn more and accumulate more in savings as they get older. (38:32–38:43)
CLAIM
Asserts that Obamacare required young, healthy people to subsidize older, sicker individuals.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
