"Obamacare at Age 6: Its Prognosis is Unclear, Hospital Chief Says"
As Obamacare turns 6 this year, President Barack Obama fended off a new challenge to his signature health-care initiative. On Friday, he vetoed an attempt by the Republican-led Congress to repeal the law. Yet in an interview with CNBC's "On The Money," a top hospital executive warned that the Affordable Care Act is locked in a tough game of numbers. “What it’s all about is not enough healthy people have signed up, and the reason not enough healthy people have signed up is that the penalties are rather minimal. This year the penalties rise enough, perhaps, that more healthy young people, those people ages 25 to 35, will join. They diminish the cost of insurance by distributing it over a larger population,” Kenneth L. Davis, MD, President and Chief Executive Officer of Mount Sinai Health System, said. Learn more.

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