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Millennials: Obamacare for Thee, But Not for Me
yahoo.com ^ | December 11, 2011 | Rob Garver

Posted on 12/11/2013 5:05:16 AM PST by grundle

Remember all those stories last week about how Millennials were abandoning Obamacare? Well a new survey out this morning comes to a slightly different conclusion: Millennials love Obamacare, just not if they’re the ones signing up for it.

A poll of 1,013 adults conducted in mid-November took an interesting angle on the question of public perception of President Obama’s signature domestic initiative. Rather than asking people if they were planning to sign up themselves, they asked respondents to put themselves in the shoes of a theoretical, average American.

If you were a 45-year-old making $50,000 per year, the survey asked, would you rather pay $3,000 a year for one of the policies offered on the healthcare exchanges, or pay a $400 fine?

Among all age groups, it was the so-called “young invincibles” who were most likely to opt for the insurance policy, with 65 percent saying they would buy in. Among respondents aged 30 and over, by contrast, only 57 percent said they would buy insurance. (While the overall survey sample size was 1,013, the number of 18-to-29 year-olds was only a fraction of the total, meaning that the statistical strength of that particular finding is not as strong as the overall survey’s 3.6 percent margin of error.)

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Miscellaneous
KEYWORDS: obamacare

1 posted on 12/11/2013 5:05:16 AM PST by grundle
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To: grundle

2 posted on 12/11/2013 5:08:57 AM PST by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The End)
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To: grundle

> If you were a 45-year-old making $50,000 per year, the survey asked, would you rather pay $3,000 a year for one of the policies offered on the healthcare exchanges, or pay a $400 fine?

I’m surprised they didn’t say a $3,000 fine. Don’t ya just love all the damn polls the liberals use to imply what they really want to say but can’t or wan’t because it would give away their true agenda?


3 posted on 12/11/2013 5:19:48 AM PST by jsanders2001
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To: jsanders2001

BTW the cost wouldn’t be $3,000 a year from what I’ve seen; it would be nearer to $5,000 or $7,000. See there they lie once again...


4 posted on 12/11/2013 5:21:44 AM PST by jsanders2001
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To: jsanders2001

Trying to get his poll numbers up...


5 posted on 12/11/2013 5:23:45 AM PST by Hojczyk
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To: grundle

Doesnt that make sense though?


6 posted on 12/11/2013 5:27:53 AM PST by sickoflibs (Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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To: jsanders2001

Understand how they termed this and you understand liberals.

$3000 a year doesn’t sound “terrible” when you’re “making $50,000 per year.” Problem with that is most kids aren’t going to be pulling down $50,000 a year. My gross income is well above $50,000, but when the IRS is done with me, I’m under $50,000. Youth today don’t understand taxes. If they were honest and asked, “If you were TAKING HOME $30,000 a year, would you rather pay 10% of your yearly net income ($3,000) or pay a fine?”

The trick here is to use large numbers compared to even larger numbers to make it seem relatively simple, but break it down and include taxes you have to pay when you’re making that much money, and it’s a much bigger piece of your pie.

Additionally, $3,000 a year comes out to $250 a month or over $115 a paycheck if you’re paid bi-weekly. Break that down even further and say that if you’re making $50k a year, that’s ~$1900 gross per paycheck (bi-weekly payout) leaving you with $1250 if you take 35% out of that check for taxes. $115 a paycheck out of $1250 is almost 10% of your pay. By comparison, most employer health insurance is similar in cost but offers MUCH more with a much lower deductible and premiums.

Finally, the lies are disturbing. We ALL know that by 2017 Obamacare’s mandate is a large chunk of your family income if you don’t buy in. As of right now, you can simply adjust your withholdings and ensure that you owe, leaving the IRS no mechanism to collect that “fine,” but in reality I think we all know that by 2017 there will be plenty of laws on the books mandating that they get their 10 pounds of flesh.


7 posted on 12/11/2013 5:45:00 AM PST by rarestia (It's time to water the Tree of Liberty.)
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To: rarestia

Also, it’s not only a $400 fine. If you have to see a doctor and get an RX, you’ll be paying full cost OOP.

Also, if you do purchase insurance, not only will you incur the cost of the premiums, if you see said doctor and get and RX, you’ll be paying OOP until you exceed the deductible, which in the cheaper plans is exhorbitant.


8 posted on 12/11/2013 5:50:05 AM PST by randita
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To: grundle
.....would you rather pay $3,000 a year for one of the policies ....

HA HA HA HA, what a moronic question, $3K per year... where in the world did that figure come from... how about $6k per year (at least $500K per month). AND... this does not include a separate prescription drug policy, dental and vision. PLUS, high deductibles and co-pays.

9 posted on 12/11/2013 5:52:46 AM PST by 11th Commandment (http://www.thirty-thousand.org/)
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To: grundle
So. O'care has a lot of hypothetical support among millennials. :-)
10 posted on 12/11/2013 6:01:42 AM PST by Constitutionalist Conservative (I'm a constitutionalist, not a libertarian. Huge difference.)
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To: 11th Commandment
Exactly. Plus Millennials are totally clueless about exactly what it is like to be 45 years old, have a young growing family and having to subsidize jag-offs who have chosen an alcoholic or drug lifestyle with much higher premiums and deductibles for working families.
11 posted on 12/11/2013 6:02:41 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Hojczyk
Trying to get his poll numbers up...

AND it is working over at Rasmussen, Gallop and the RCP Averages. Taking selfies at the Commie's memorial service will help him even further in his approval numbers in this "ME ME ME ME" culture we live in today.
12 posted on 12/11/2013 6:19:16 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: randita
Also, it’s not only a $400 fine........

They lied about that too. The fine is $95 or 1% of your incme. The fine on the hypothetical $50,000 salary would be $500.

13 posted on 12/11/2013 6:23:30 AM PST by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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To: randita

There’s an initiative here in Florida to offer a 1/2 credit hour course for seniors on finance and financial responsibility. An overwhelming majority of young adults have no idea how credit, debt, investing, and insurance actually work. If more young voters understood how the world actually works, we’d likely see fewer Democrats in office.

But then, that’s how they keep the populace compliant: by ignorance.


14 posted on 12/11/2013 6:36:11 AM PST by rarestia (It's time to water the Tree of Liberty.)
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To: grundle

They support FREE healthcare where everyone gets to keep their doctor. Which is precisely what they thought they were getting when Obama spent three years running around and spinning lies about it.


15 posted on 12/11/2013 6:57:02 AM PST by Buckeye McFrog
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To: rarestia

Obamacare is a 10% income tax, in addition to all the others, without representation.


16 posted on 12/11/2013 8:42:56 AM PST by tbw2
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