deltex1
Gold Member
How is the need for young people to sign up for obamacare (to make it financially manageable) affected by the provision to allow young people to remain on their parents policy until 26 years old?
"Success or failure of Obamacare depends on the administrations ability to sign up a large portion of the 50 million Americans currently without health insurance. One group that is particularly vital to Obamacares success are young adults, ages 18 to 35, who will pay more into the system than what they will take out in healthcare benefits. Private health insurance companies have long-attempted to enroll young, healthy Americans to offset the costs of care for the elderly -- but its proven to be a near impossible task. Many young people simply choose to avoid the burden of monthly expenses for healthcare policies they dont believe are necessary. If this demographic was a tough sell for private insurance companies before Obamacare, it will be even more difficult now. A survey of insurers, conducted by the American Action Forum, reveals that a health insurance policy for a 27-year-old male nonsmoker will be 190 percent higher under Obamacare.
Obamacare is now relying on a simple math equation. By 2016, the Administration will need 22 million uninsured Americans signed up with new state-based insurance exchanges or the federal governments program. Enrollment begins on October 1, with a goal of at least 7 million people onboard over the next year. Included in this goal are 2.7 million young adults who arent exactly enthusiastic about signing up. Needless to say, it will require a massive public relations and education campaign to get these young people signed up. Congress hasnt provided Obama with the funding to make this happen but thats not stopping the Administration from finding other methods to achieve its goals."
All Aboard for the Obamacare Train Wreck - David Spady - Page full
"Success or failure of Obamacare depends on the administrations ability to sign up a large portion of the 50 million Americans currently without health insurance. One group that is particularly vital to Obamacares success are young adults, ages 18 to 35, who will pay more into the system than what they will take out in healthcare benefits. Private health insurance companies have long-attempted to enroll young, healthy Americans to offset the costs of care for the elderly -- but its proven to be a near impossible task. Many young people simply choose to avoid the burden of monthly expenses for healthcare policies they dont believe are necessary. If this demographic was a tough sell for private insurance companies before Obamacare, it will be even more difficult now. A survey of insurers, conducted by the American Action Forum, reveals that a health insurance policy for a 27-year-old male nonsmoker will be 190 percent higher under Obamacare.
Obamacare is now relying on a simple math equation. By 2016, the Administration will need 22 million uninsured Americans signed up with new state-based insurance exchanges or the federal governments program. Enrollment begins on October 1, with a goal of at least 7 million people onboard over the next year. Included in this goal are 2.7 million young adults who arent exactly enthusiastic about signing up. Needless to say, it will require a massive public relations and education campaign to get these young people signed up. Congress hasnt provided Obama with the funding to make this happen but thats not stopping the Administration from finding other methods to achieve its goals."
All Aboard for the Obamacare Train Wreck - David Spady - Page full
