Saturday, November 16, 2013

'Yes we can' is not translating into 'yes we will' pay higher premiums

(My new American Thinker post)

It does appear that young people were better at screaming "yes we can" than rushing to the exchanges.  I could have told President Obama that young men would rather talk 'Peyton Place" than read health insurance proposals, especially ones that force them to pay higher premiums than they are paying now.

Maybe young people are seeing through the real intent of the law.   

ObamaCare is a bad deal for a lot of reasons, including "generational theft":
"There's no reason to believe that even the greatest ad campaign in the world will jack up the youth numbers to where they need to be.
Yes, young people foolishly believe themselves to be indestructible.
But the actuarial truth is that most of them won't ever need the sort of wide-ranging benefits mandated by Obamacare.  
And given Obamacare's ban on excluding people with pre-existing conditions and the relatively small financial penalties for not having insurance, the smart move for many people--whether young or old--is to wait until you actually need health care before shelling out for monthly premiums. 
Younger Americans may indeed be reckless enough to do keg stands and have unprotected sex on a regular basis, but they're not so dumb as the "Got Insurance?" ads--or the architects of Obamacare--seem to think."
President Obama banked on young people seeing ObamaCare as some kind of "crusade," a "kumbaya" kind of moment.  Instead, young people are being rather rational and refusing to over-pay for a service!







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The state of Obama Care with Professor Daniel Bonevac of University of Texas




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