Study: Staying uninsured cheaper than Obamacare for young

The free-market American Action Forum (AAF) found that in Obamacare’s first year, 6 out of 7 uninsured young adults will pay less if they go without health insurance than if they enroll in Obamacare. As Obamacare’s individual mandate tax penalty rises drastically over the next several years, the proportion will only slightly decrease to 71 percent in 2015 and 62 percent in 2014.

Analyzing data collected from a 2011 Medical Expenditure Panel Survey Household Component — a large-scale, nationally-representative, household survey collected by one of the Department of Health and Human Services’ own agencies — AAF discovered that paying out-of-pocket for health care will overwhelmingly cost “young invincibles” less overall.

“We’re talking about a population of people who chose to go without insurance when it was much more dangerous to be without insurance and when insurance actually cost less,” the study’s co-author Chris Holt told The Daily Caller News Foundation. “So the incentives have changed so that these folks now have less risk in remaining uninsured while the cost of getting insurance is even higher.”