Why Is Obamacare Raising Premiums on Young Adults?
Many Americans are worried about the cost of Obamacare, and the opening of the health-care exchanges has millions of would-be insurance buyers seeing rates they’ll pay for the first time. Several studies have shown that young adults in particular are likely to pay more under the Affordable Care Act. But why is this the case, and what impact will it have on Obamacare’s success?
In the following video with Dan Caplinger, the Fool’s director of investment planning and author of the special free report “Everything You Need to Know About Obamacare,” Motley Fool health-care bureau chief Max Macaluso asks Dan about the controversial topic of why many young adults will pay more. Dan cites one study that points to increases for young adults in all 50 states, with very large increases in some areas of the country. Among the reasons are the fact that many young adults prefer lower-cost policies that don’t provide as comprehensive coverage as Obamacare requires, essentially forcing them to upgrade to coverage that many of them don’t believe they need. Moreover, technical aspects of the Affordable Care Act also promote more even distribution of insurance premium costs across the age spectrum, potentially putting some of the overall health-care burden on young adults that they otherwise wouldn’t have to bear.
Max and Dan conclude with a discussion of the potential investing fallout from higher premiums on young adults. With President Obama and former President Clinton both pointing to the need for young adults to participate in the health-insurance exchanges for Obamacare to reach its full potential, a failure to attract enough young adults could cause problems for the program and for WellPoint (NYSE: WLP ) , which has been most aggressive in establishing exchange-based coverage options. Yet even UnitedHealth (NYSE: UNH ) and Humana (NYSE: HUM ) , which haven’t participated as much as WellPoint, could see fallout if young adults give up on seeking health insurance entirely.
TWG: And now they whine and moan about the very travesty we’ve tried warning them about. The stupid little SOB’s supporting the obama regime, all the while ridiculing us, demonizing us, assaulting us, violating our rights and spitting in our faces as we tried to warn them about this mess they so enthusiastically embrace. Just wait until they find out they’ve been embracing and advocating for their own slavery, suffering and total demise by the very hooves of those they’ve been brainwashed to idolize. Here’s your “hope and change” you stupid little smug-faced assholes. You can thank the so-called “educators” and your apathetic, uncaring parents for destroying your feeble little minds. You have embraced your own demise, and I no longer feel ANY sympathy for you. Now get to work. YOU have bills to pay. BIG bills. And may the hammers and sickles sit lightly across your scrawny little necks as you lick the hooves that feed you gruel. After what you’ve done to me, as I’ve been out here fighting for YOU, I won’t shed a single tear for you when you find yourselves on your knees. You wanted obama’s “hope & change”, HERE IS ONLY THE BEGINNING OF YOUR SUFFERING.
OK, something needs to be done to these lying lunatics. Here’s some ideas:
A) Test them for drug and alcohol abuse. If they refuse the testing, put them into straight jackets and force it
B) If found not under the influence of drugs and/or alcohol, put them into straight jackets, arrest convict and punish them accordingly for their numerous crimes and treason
C) Put them each in straight jackets. apply ball gags and force them to listen to the reading of the Bible, PARTICULARLY the Ten Commandments, ten times each
D) Put them in straight jackets, ball gag them and put them to pasture with a pack of those wolves and pitbulls they Love so much.
E) Put them into straight jackets, put porky pig masks on them and put them into a room filled with muslim terrorists they Love so much. Leave them there for at least a week
F) Put them into straight jackets and lobotomize them
Watch and listen to this deranged LUNATIC tell the world that her messiah, obama has “CUT THE DEFICIT IN HALF!” This would be laughable if these monsters weren’t so deeply evil and diabolical.
OK, OK….. I’m starting to like Judge Jeanine Pirro these days. She is starting to call this horrid regime out in NO uncertain terms. Too bad more “journalists” aren’t telling the truth in this way…..
Once AGAIN, the obama regime lies to, then gives both middle fingers to our Beloved Veterans. How can ANY Veteran support this marxist regime after what they’ve done to them? How can ANYONE support this trash? Anyone supporting this IS a MARXIST TRAITOR.