Obamacare: More Republicans Utilize Parents’ Benefits

Wall Street Cheat Sheet ^ | 08/22/2013 | Meghan Foley

[Rusty0604]

The key is the participation of young Americans. The Obama administration needs to convince young people, who are on average less likely to make use of medical services and therefore are cheaper to insure, to sign up for coverage on the superstore-like exchanges in order to balance out the older or sicker patients more likely to sign up for health insurance as soon as possible. Their insurance premiums are meant to cover the big bills for the relatively small number of sick people, allowing for theoretically affordable plans to be offered to all enrollees. The administration’s fear is that young adults will continue to go uninsured despite the number of options the Affordable Care Act is creating.

[Rusty0604]

I posted this because of the misleading headline. As an afterthought the article adds this at the end: "Of course, the number of young adults taking advantage of this Obamacare provision are higher among more affluent young adults and those with college degrees, who are more likely to have access to a parent’s insurance plan in the first place. A different, and more pressing question for the Obama administration, is whether those young adults who cannot be covered under their parents insurance policy will purchase plans on the exchanges beginning in October"

[massgopguy]

And health providers know a customer’s party affiliation how?

[blackdog]

The age 26 rule should be abolished. If you’re old enough to buy booze or a handgun, you’re old enough to deal with the rest of the crap. Universities and grad schools offer student health insurance plans for around $2,000 per year.

[massgopguy]

Maybe it’s because the 47% is getting their health coverage from the welfare system?

[Rusty0604]

Obama touts covering young people on their parent’s plans, but doesn’t say that the employer doesn’t have to pay for it. The plans will be so expensive that the employee can’t afford it and the family can’t go to the exchange, so some think employees will ask their employers to just drop the coverage altogether.

[babygene]

More republicans HAVE parent(s)...

[Buckeye McFrog]

Universities and grad schools offer student health insurance plans for around $2,000 per year.

Not now. They are now required to offer the entire mandated menu of Obamacare benefits (no-cost birth control, mental health services, etc. etc.)

[blackdog]

Obama is in a sticky wicket then!

If he sold everyone on staying on your parents policy until 26, then how can he get young single healthy 18 to 25 year olds to sign up on healthcare exchanges for insurance?

Well I guess that answer is obvious. Force the parents onto the exchanges as well.

[skinndogNN]

And most Republicans tend to have jobs with insurance.