18-29 year old's skeptical about signing up for Obamacare

[dblack]

Scapegoating the youth is only the tip of the iceberg. The reason why the insurance industry is playing along is the mandate. They saw the writing on the wall years ago, and now, realizing that the health care inflation they help create will eventually dive insurance prices through the roof, they want to chain us to a product that soon, none of us will want pay for. This trend was just beginning to percolate before ACA, which is why they are conceding to the ridiculous regulatory requirements.

They know that, in the end, the regs will be watered down via lobbying (something they're very good at) and the mandate will stay. They'll have captive customers and profits guaranteed by the state.

This is where Obama and democrats are in bed with medical insurer's. The insurer's get taxpayer guaranteed subsidies for payment. They have no risk as far as getting paid--so why on earth should they lower their premiums?

The ONLY thing that forces prices down is competition. We have witnessed that in the high tech industry. Being able to cross state lines to sell insurance would bring in more competition to the high flyers--therefore driving premiums down. But that was a Republican idea--that democrats fully rejected.

But the insurance companies also are now required to keep overhead/profits at 15% maximum, which means insurance companies have to pay out 85% of their premiums in claims,

or refund to their customers the difference.

That prevents them from raising premiums just for their own benefit. If they jack up preminums beyond their limit, they'll be giving that money back.

That

LOL... guaranteed 15% profits? Jebus... they must love the shit out of Obama.

 

[dblack]

I'm guessing that a good many young people don't realize that Obamacare includes a lower priced catatastrophic policy for under 30's.

Not nearly as low as they could get before. There's no way around the dynamic here. Most honest Dems will admit it. Young people are being target to push more money to the insurance companies (who will, I guess, if we're lucky, use it to cover people who currently have a hard time getting policies).

 

[cereal_killer]

When I was between the ages of 18-25 I didn't care about or want Health Insurance. It was an expense I didn't care to have. I never went around thinking "what if?" In hindsight it was dumb BUT you couldn't tell me that back then. Would I still do the same thing (not pay for it) yes I would. When your that age you just don't think about bad things happening to you. They happen to other people. I was invincible.

I don't see young people running into the exchanges, it's just another expense they really can't afford nor care to pay for (subsidized or not)....my opinion of course

Small sample, but here it is...

[ame=http://www.youtube.com/watch?feature=youtu.be&v=03ypCv_Rh4s&desktop_uri=%2Fwatch%3Fv%3D03ypCv_Rh4s%26feature%3Dyoutu.be&app=desktop]Howard University Students Talk About Obamacare - YouTube[/ame]

 

[Political Junky]

People in that age group have likely always been skeptical of health insurance.

 

[idb]

Conservatives would be disappointed if they weren't getting a return on their anti-ACA campaign money.

 

[SFC Ollie]

When I was between the ages of 18-25 I didn't care about or want Health Insurance. It was an expense I didn't care to have. I never went around thinking "what if?" In hindsight it was dumb BUT you couldn't tell me that back then. Would I still do the same thing (not pay for it) yes I would. When your that age you just don't think about bad things happening to you. They happen to other people. I was invincible.

I don't see young people running into the exchanges, it's just another expense they really can't afford nor care to pay for (subsidized or not)....my opinion of course

Small sample, but here it is...

[ame=http://www.youtube.com/watch?feature=youtu.be&v=03ypCv_Rh4s&desktop_uri=%2Fwatch%3Fv%3D03ypCv_Rh4s%26feature%3Dyoutu.be&app=desktop]Howard University Students Talk About Obamacare - YouTube[/ame]

And that last student summed up the whole problem.

"I thought Obamacare was supposed to be like, free."

Someones gotta pay for it.................

 

[oreo]

When I was between the ages of 18-25 I didn't care about or want Health Insurance. It was an expense I didn't care to have. I never went around thinking "what if?" In hindsight it was dumb BUT you couldn't tell me that back then. Would I still do the same thing (not pay for it) yes I would. When your that age you just don't think about bad things happening to you. They happen to other people. I was invincible.

I don't see young people running into the exchanges, it's just another expense they really can't afford nor care to pay for (subsidized or not)....my opinion of course

Obviously, I am not a supporter of Obamacare--but I will tell you it is absolutely crazy not to have medical insurance-regardless of your age.- I remember when my daughter went to college--and told me a few months later she didn't sign up for the college insurance--(I thought she had done it)--and I had a fit about it--and let her know what would have happened to her dad & I (financially) had she got into an accident with no medical insurance.

Now Obama was out there yesterday stating that young people can get insurance for around $100.00 per month--(which is very cheap) compared to my outrageous rates on the exchange. I understand that parents can keep their kids on their policies until they're at an ancient age of 26, but that has got to be a lot more expensive than the kid buying his own insurance at $100.00 per month.

Why aren't they buying it--is the question? My feeling is that they would prefer to spend that $100.00 a month on their car stereo or other item they're looking at. And if that is the attitude of the youth in this country today--we're going to have some serious problems in the future. It is your responsibility to take care of your own insurance needs, in fact it is a priority.

So get on there and BUY it. You supported Obama and his signature legislation--so instead of talking the talk, it's time you made the walk.

The hundred dollar a month thing sounds like another 'if you like your insurance you can keep it' line. From what I'm hearing, the people in question (younger people who are over 26 yet aren't poor enough to qualify for subsidies) are paying much more.

The funny thing is, these are the very people who, previously, were already getting high deductible, catastrophic insurance for $100 a month, or less. But ACA poisoned that well by pushing them toward more expensive polices - targeting them for the revenue necessary to finance the less profitable 'customers'. Now these young people doing the math and figuring that simply going without insurance and paying the fine is a substitute for the catastrophic insurance. They may be right, they may be wrong - but Obama sets up this dynamic by targeting them as the cash cows for his financing scheme. It's hard to fault them for trying to step aside.

I agree--I haven't heard of $100.00 a month in 40 years. There is no doubt that Obama continually lies. That's why I want these younger people to get on the Obamacare web-site--and see exactly what they will be paying.

I also agree--because I have been on my state Obamacare web-site which is working just fine--that premiums are through the roof. I pay $238.00 per month for a plan that is due to be cancelled, after Obama promised me I could keep it, but that doesn't meet his mandates--only to find the next premium on my state Obamacare exchange--I will be paying is $495.00 a month for a plan with a $6000.00 deductible.

The "Affordable Health Care Act" is NOT affordable. Just another broken promise of Obama that he would be able to save a family of 4 $2500.00 in premiums a year-- is also NOT true.

 

[Politico]

I'm guessing that a good many young people don't realize that Obamacare includes a lower priced catatastrophic policy for under 30's.

And they don't care because all but the people over 26 don't even have to deal with it. Guess those boneheads didn't think that one through.