Young People to Take it in the Shorts Under Obamacare
vict0r
where healthy 25-year-olds pay the same [high] premiums as 55 year-old
smokers."
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One of the most interesting questions about the health care overhaul
now moving through Congress is how it would affect young adults.
That legislation would force most or all Americans to purchase health
insurance (an "individual mandate") and would impose price controls on
health insurance ("community rating") that would limit insurers' ability
to offer lower premiums to low-risk enrollees.
Those provisions would drive premiums down for 55-year-olds but would
drive them up for 25-year-olds-who are then implicitly subsidizing older
adults. According to the Urban Institute, many young people could see
their premiums double, whereas premiums for older adults could be cut in
half.
Massachusetts benefits from another type of subsidy that props up its
regime of mandates and price controls: large subsidies from the
federal government. In contrast, the United States as a whole has no
external party it can exploit to subsidize a nationwide
Massachusetts-style health care overhaul-unless Congress finances that
overhaul through additional deficit spending, which is really just
another way of taxing the young to subsidize the old.
The irony is that Barack Obama won the presidency with 66 percent of the
vote among adults aged 18 to 29. That's a larger share than any presidential
candidate has won in decades. Yet his health care overhaul could
impose its greatest burdens on young adults.
http://www.cato.org/pub_display.php?pub_id=10933
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And this is on top of the staggering tuition increases seen in California
and that will likely happen nationwide. Be prepared to be paying for those
student loans a long, long time.
Not to mention the impending Medicaid taxes that Obamacare will impose on
states due to the unfunded Medicaid mandate in Obama's health care bill:
Obamacare Will Trigger Huge State Tax Hikes
http://commonamericanjournal.com/?p=6539
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Governors Fear Medicaid Costs in Health Plan
http://www.nytimes.com/2009/07/20/health/policy/20health.html
BILOXI, Miss. - The nation's governors, Democrats as well as Republicans,
voiced deep concern Sunday about the shape of the health care plan emerging
from Congress, fearing that Washington was about to hand them expensive new
Medicaid obligations without money to pay for them.
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And on top of all this, as young people try to start out in life with a
mortgage, a car payment, a baby, they will be paying taxes to support
subsidies for those that can't afford Obama's forced insurance purchase.
edi...@netpath.net
> And on top of all this, as young people try to start out in life with a
> mortgage, a car payment, a baby, they will be paying taxes to support
> subsidies for those that can't afford Obama's forced insurance purchase.
Not quite accurate. The NET beneficiaries of Obamacare - poor
nonwhites - typically won't have student loans, mortgages, but instead
will get welfare for the baby or babies.
Nobody else will be able to afford to have children.
http://www.redstate.com/erick/2009/08/04/where-is-your-townhall/ is
the all-states, continually-updated calendar of "town halls."
http://www.Internet-Gun-Show.com - your source for hard-to-find stuff!
lorad
> On Nov 24, 10:36 pm, "vict0r" <l...@oocom.netb> wrote:
>
> > And on top of all this, as young people try to start out in life with a
> > mortgage, a car payment, a baby, they will be paying taxes to support
> > subsidies for those that can't afford Obama's forced insurance purchase.
>
> Not quite accurate. The NET beneficiaries of Obamacare - poor
> nonwhites - typically won't have student loans, mortgages, but instead
> will get welfare for the baby or babies.
> Nobody else will be able to afford to have children.
Wow.. that's a rather sweeping and false statement..
The elitist super rich crooks whose lackey you are, will be able to
have babies too.