Drafting young adults into any health-care reform package is crucial to
paying for it. As low-cost additions to insurance pools, young adults would
help dilute the expense of covering older, sicker people. Depending on how
Congress requires insurers to price their policies, this group could even
wind up paying disproportionately hefty premiums -- effectively subsidizing
coverage for their parents.
But some young people -- nicknamed the "young invincibles" -- are also
likelier than other Americans to assume that they won't need health
insurance or to decide that they'd rather spend their money on other things.
To discourage that attitude, the Finance Committee bill would fine
individuals who do not purchase coverage. An early draft of the proposal set
the penalty at $750 or $950 per year for single people, depending on income.
But according to various insurance experts, even the least expensive plan
under the bill could cost more than $100 per month, making it cheaper for
people to pay the fine than to buy insurance.
http://www.washingtonpost.com/wp-dyn/content/article/2009/09/15/AR2009091503716.html?hpid=topnews