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  • Tell Verizon: Drop the fee for paying bills online
    Brian signed the petition | about 1 month ago
  • What's In It for Me?  (At $45,000 a Year.)
    Brian commented on the article | over 2 years ago

    Because Mark is over the age of 50, he will also be helped by the provision in the bill limiting the spread of premiums between the oldest and youngest to a 2:1 ratio.


    Right now, insurers charge much higher rates to older people - at least 6-8 times higher, and sometimes much more. By constraining premiums to a 2:1 ratio, older people are able to get affordable coverage that is there when they need it the most - when they are older.


    This comes at a price, of course. Premiums are higher for younger people as a result. But that's what insurance is all about. Young and healthy people pay in, so there's a fund to cover older and sicker people.

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