Posted on 11/30/2012 8:11:44 AM PST by chessplayer
"It’s official: the health care law will unduly stick it to young Americans by making them pay far higher premiums starting January 1, 2014.[1] New rules announced this month are even worse than expected when it comes to shoveling an unfair burden onto our nation’s youth. Moreover, they also perversely increase the incentives of young people to remain uninsured."
"As shown in the following chart based on estimates by international management consulting firm Oliver Wyman, the rule will force insurers to hike rates for 18- to 24-year-olds by 45 percent even as rates for those 60 and older drop by 13 percent in most states.[2] That means a 22-year-old waitress paying $2,068 for her health insurance will have to fork over $3,000 when Obamacare takes effect.[3] And these figures even underestimate the actual impact."
(Excerpt) Read more at forbes.com ...
Obamacare is so FUBAR it will collapse under its own weight. It won’t be pretty.
This is the tip of the iceberg. Young people also pay for today’s elderly to get Medicare (and will do so throughout their working lives). But Medicare’s promises are underfunded to the tune of $106 trillion, which is to say that by the time today’s youngsters try to collect on their Medicare, the program either will be bankrupt or will have been vastly cut back. What’s for certain is that they cannot and will not receive the same level of Medicare benefits that their parents and grandparents enjoyed. Such intergenerational theft is thoroughly immoral, yet our POTUS has offered NO solutions to avert this catastrophe.
This administration and Obamacare illustrate better than anything that: “At its most advanced stage, domination functions as administration… This is the pure form of domination.” Herbert Marcuse:
A lot of new recruits for the tea party in the making. zer0 cares for no one
Come on now. Thus can’t be true. After all, the word “affordable” was in the name of the legislation. /s
True, and true of many current federal policies.
Total BS, every youngster I have spoken to, has told me repeatedly that Obamacare is Free!
I hope the young people that voted for Osama scream like stuck pigs when the tax bill arrives.
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