If a parent’s medical plan is “family” and there is at least one other adult, then that kid is totally free. Most family plans are 3+ persons. The fourth person and so on, are free. You have a deductible for that kid. However there is a family cap, so that deductible may never come into play.
Its true that your kid may be hanging around the house waiting for the perfect job. Our your kid may be getting his masters in something. But your kid is also one of the healthy ones that Obamacare was depending on to offset the less healthy ones. And now that 6 of the most healthy years in our lives is either free or at a greatly reduced cost, there is no way Obamacare is going to work. And neither is any other plan. People used to get insurance for those years. Now the insurance system is out of balance so prices will need to go up a lot.
Many economists are wondering why young adults aren’t working as much as they did before 2009. Its not the economy. Its this insurance. They can go to machu picchu, or sail to Mackinaw. Or train for an iron man. Or just sit in their parents basement smoking pot. But they don’t have to get a job because healthcare is provided without one.
I gave a survey to my employees. Why did they work. Number two behind salary was medical insurance. For about 20% of my staff it was the only reason. And since 75% of the country does not get a college degree, there are lots of people who should be working, but aren’t.
Sorry, I find your comments pretty shocking...There is no free insurance for children...Actually, our insurance has rate calculated for each person...Yes, there are deductibles, and as I am sure you know, everything regarding insurance is based on actuarial statistics.
Oh, none of my “kids” were “hanging around the house for the perfect job,” though they all did seek degrees—one PhD, one MS, and one BS+. However, I am guessing you don’t read very well because I stated that my one “kid” who was on my family insurance program until age 25 got a job as soon as they graduated (1.5 months fast enough for you?), and now they are “paying premiums” for their company insurance. Oh, and since they were hit by a drunk driver, these were not exactly the healthiest 6 years of their life.
So it would seem to me that you are wanting healthy young adults to subsidize your medical bills or my group plan to subsidize your small company plan...And it seems that you are supporting Obamacare. Why would you want to support Obamacare?!?
Obamacare?! Again, I will repeat from my first post: Frankly I want it to “NOT work,” and I hope it does implode...I don’t want my “kid” on Obamacare or their data on the Obamacare data collection website. Why would you??? I am hoping you are not one of the few Freepers who thought Obamacare was a good idea?!
Insurance prices are going up, but my “kids” are not the problem—how about all the “kids” that have been brought in from South America and the Middle East on numerous immigration programs??
“Many economists are wondering why young adults aren’t working as much as they did before 2009. Its not the economy. Its this insurance.” Seriously? Sorry, you did not source it, and I don’t believe it. Obamacare has been a deterrent to job creation. Kids may not be working, but it is not because of insurance—at least none that I have known. And I fail to see how they can go surfing or sailing without a job...Sure maybe some, but that would not be a majority...your own survey only showed 20%, and I have no idea the sample size, etc, (spouse is a statistician, so I get it)...Young adults ARE NOT working because the GDP has been lousy and the actual U-6 jobs rate horrible for 8 years. The job market has been really lousy for BOTH recent college grads and those without a college degree. I I know this because I did recruiting and was able to assist my “kids” with job seeking—for one, we sent out over 150 resumes over a year—and they were not on my family insurance BTW~I give special “Thanks” to the H-1B Visaholders for making job seeking more difficult than ever for recent college grads.
Regarding your statistic, “ 75% of country does not get a college degree.” Stats are fun aren’t they, but they can be misleading...Perhaps 75% of the total US population does not get a college degree, but they are not about whom we are concerned are we?
According to BLS, 2 out of 3 high school grads in 2015 went on to college, and those who did not were looking for work.
In October 2015, 69.2 percent of 2015 high school graduates were enrolled in colleges or universities, the U.S. Bureau of Labor Statistics reported today. Recent high school
graduates not enrolled in college in October 2015 were about twice as likely as enrolled graduates to be working or looking for work (72.7 percent compared with 36.0 percent).
http://www.bls.gov/news.release/hsgec.nr0.htm
NO young adults should be forced subsidize OBAMACARE. Let family insurance pay for them and let Obamacare crash and burn!