The success of Obamacare largely rests on the shoulders of the estimated 2.7 million “young invincibles” whose premiums are needed to subsidize healthcare costs for others. People in the 18 – 35 age group are needed to create a balanced risk pool.
Now a study shows that coverage through the ACA is just not a good deal for those young adults.
The study, conducted by The American Action Forum, concluded that for 86% of that demographic, ACA coverage is just not worth it:
The ACA’s perverse economic incentives are well documented. The law makes health insurance more expensive for many young adults, while at the same time making the decision to go without health coverage exponentially less risky than it previously was. It is impossible to predict how many young adults will ultimately enroll in coverage, but it is clear that many young adult enrollees will be worse off financially if they decide to purchase health insurance.
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Go Fiqure. Is anything the Gov. tries to do for us worth a crap???
ReplyDeleteI stay far away from doctors. I heed the advice of Pliny the Elder, "Of the Greek sciences it is only medicine that the Romans have not followed, thanks to their good sense."
ReplyDeleteIf the gov't had made it so it was less expensive to insured through OweBlamaCareLess the insurance companies would not have bought off on it.....
ReplyDeleteOf course, the government is running it...
ReplyDelete