Ready, set, panic: More than a quarter of young people don’t think the price of health insurance is worth it

posted at 4:41 pm on June 20, 2013 by Erika Johnsen

The Obama administration has been doing a pretty poor job hiding their desperation when it comes to convincing the young people that they need to subsidize the entire system that they should sign up for insurance through ObamaCare — because without getting them to pay more money into the system than they’ll actually need to use, that whole “affordable” thing is going to fall apart pretty quickly.

The White House and ObamaCare’s supporters are mounting a full-scale campaign to tout the law’s supposed benefits and convince Americans to sign up en masse, and according to a new poll from the Kaiser Foundation, they definitely have reason to worry. The Kaiser Foundation suggests that their finding that about three-quarters of young adults personally value and feel that they need insurance means that all of the fears of ObamaCare self-imploding are overblown, but upon closer inspection:

 photo Screenshot2013-06-20at111119AM_zps9e6f178e.png

As Timothy Carney pointed out at the Washington Examiner, about a quarter of young people feeling that they don’t really need health insurance and that it isn’t really worth it is kind of a huge minority, and as Via Meadia explains, the devil is in the details:

Total numbers that include both insured and uninsured aren’t nearly as useful as breakdowns that separate these two groups. And these numbers are much less encouraging. True, 76 percent of all insured ages 18-64 say that “insurance is something I need.” But 40 percent don’t think health care is worth its price, and that number should be extremely troubling to ACA advocates. Since many of the currently insured will keep their current employer-based plan, the fate of the exchanges really hangs on the decisions of the uninsured. Unless a high percentage of currently uninsured youth opt in, Obamacare will face severe, possibly fatal, problems.

How many of those young adults will opt in is still very much an unknown, but with such a large portion unemployed and underemployed, it’s definitely going to be an uphill battle for Team ObamaCare — and as Holman Jenkins points out in the WSJ, when young people start to realize just how much more health insurance could start costing them, I’m wondering if people aren’t going to start opting out:

Media outlets lately have emphasized the challenge of enticing healthy young adults to sign up for ObamaCare, “exactly the type of person insurance plans, states and the federal government are counting on to make health reform work,” as the L.A. Times put it. These pieces are useful as far as they go, but miss a key point that Supreme Court Justice Samuel Alito managed to convey in many fewer words during last year’s Supreme Court argument on ObamaCare.

Mr. Alito pointed out that young, healthy adults today spend an average of $854 a year on health care. ObamaCare would require them to buy insurance policies expected to cost roughly $5,800. The law, then, isn’t just asking them to pay for “the services that they are going to consume,” he continued. “The mandate is forcing these people to provide a huge subsidy to the insurance companies . . . to subsidize services that will be received by somebody else.”

Since he puts it that way, why would they sign up for ObamaCare, especially since the alleged penalties will be negligible and likely unenforced?


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 2

They just won’t do it. Are you guys all familiar with the story of how the folks in Massachusetts tried socialism and the first governor had to pull the plug on it?

Great read.

People who fail to learn from history and all that…

dogsoldier on June 20, 2013 at 7:14 PM

Which is why history (classical version) hasn’t been taught for 20-30 years.

Steve Eggleston on June 20, 2013 at 7:17 PM

Hey, the young fools voted for the Chicago Jesus.

Now, they can subsidize even more the lazy and the old.

Suckers.

KirknBurker on June 20, 2013 at 7:21 PM

Why waste time polling 18-25 year olds? Shouldn’t this have been limited to adults?

malclave on June 20, 2013 at 7:41 PM

Why waste time polling 18-25 year olds? Shouldn’t this have been limited to adults?

malclave on June 20, 2013 at 7:41 PM

Why? It’s the Yute of America who are supposed to subsidize this ponzi scheme. Without them, we oldsters will have to choose between healthcare and dogfood.

Paul_in_NJ on June 20, 2013 at 7:53 PM

Which is why history (classical version) hasn’t been taught for 20-30 years.

Steve Eggleston on June 20, 2013 at 7:17 PM

Just so, sir. Just so. And, one might add, why current events – aside from the “it’s time to vote [for Democrats]” exception – are also irrelevant.

Paul_in_NJ on June 20, 2013 at 7:55 PM

This has always been about implementing single-payer.

Philly on June 20, 2013 at 8:11 PM

I probably spent a total of 5 hours with doctors prior to age 49, nothing serious or expensive. I would have never chosen to buy health insurance if it were not for my family.

elfman on June 20, 2013 at 9:08 PM

Stupid is as stupid does……..the new Amerikan model.

losarkos on June 20, 2013 at 11:32 PM

Why? It’s the Yute of America who are supposed to subsidize this ponzi scheme. Without them, we oldsters will have to choose between healthcare and dogfood.

Paul_in_NJ on June 20, 2013 at 7:53 PM

Ah, but they won’t. They’ll be on their parents’s plans, not plans of their own.

Pablo on June 21, 2013 at 10:49 AM

If you’re under 30, you’ll be getting hosed by the insurance act so do as a former First Lady said on a different subject, “Just say no…” to health insurance. You don’t need it. It’s the new “civil disobedience.”

There aren’t going to be enough IRS agents to collect all of the fines and even if there were, it’ll be way cheaper than the thousands of dollars due annually for insurance that you don’t need. What you should be demanding is major medical only insurance, or premiums that match the cost demographic of your age group. The ACA is a typical scheme invented by people who don’t believe in an open market, who think they can, in their superior wisdom, force the market to comply with their social engineering wishes. The European experiment in this futile effort is failing badly as will the ACA.

stefano1 on June 21, 2013 at 11:50 AM

Ah, but they won’t. They’ll be on their parents’s plans, not plans of their own.

Pablo on June 21, 2013 at 10:49 AM

Many parents and their under age 26 children will be out of luck on their plans due to reduction of hours to part time, cancelling of coverage by employers, layoffs due to the ACA, etc, and if you’re over 26, you’re on your own. Besides that, many 18 – 26 year-old’s are independent of their parents and don’t want to sponge on their parents’ policies for many reasons. If you are on your own, self insurance and paying cash where necessary is a better option than the ACA. In the event of a major medical event, you always have the emergency room available and bankruptcy laws to ultimately protect you if necessary. In most cases, as a young person, you will come out way ahead of the grossly excessive premiums under the ACA programs.

stefano1 on June 21, 2013 at 12:03 PM

Comment pages: 1 2