Most insurance options come in single, plus one, and family. I have family because I have 5 children, 2 out of college, two in college and a high schooler. It costs me nothing to include my four kids over eighteen on my company medical, since I am already paying for family. Its a very large company. But the options have been virtually the same for the past 30 years in more than 15 health care plans I have been on.
Whether my kids are on my plan or their plan does not matter to Obamacare. It matters to healthcare costs. They are not paying, and I am not paying. Nobody is paying for their healthcare except the general insurance paying public who has to buy more expensive insurance because young adults don’t pay. They also aren’t working in record numbers. And they aren’t looking to work in record numbers.
And the US census has 75% of adults over 25 without a college degree for many years. Its true that more young adults are “enrolled” but that does not mean that they will graduate or are even trying to graduate.
IT seems we are just going to have to disagree...I would think that your group plan has calculated the premiums for the entire group...I just have never heard of children as being “free” on a family policy. Insurance companies have calculated the group’s costs over large group.
Interesting in that our plans have not been virtually the same for 25 years perhaps because we are self-funded. We have had many changes, including mergers, etc... from HMOs to PPOs to Medical Savings Accounts, basic coverages have changed...our coverage certainly is not static.
Very few people work for same company for 30 years let alone have insurance that remains virtually unchanged, so you have been fortunate to have unchanged plans that are subsidized because your large family is being subsidized by smaller families and couples.
IMHO it does make a difference to Obamacare—your “kids” have to be insured by someone, their employer, their college, their parents, or Obamacare.
Our insurance company for years allowed us to include our children on our insurance while in college—long before the “ridiculous” rule (as you put it). However,we had to provide proof of college enrollment.
I am not going to repost everything I said before regarding work—which I did SOURCE...I don’t have stats on number of kids not looking for jobs, that source you should provide since you are sticking with it...Again, I will just say all the students I know who have graduated from high school and college are working very hard to get ahead.
Again stats are FUN...who we are talking about is recent high school/college grads...You keep using the 75% of adults over 25 don’t have a college degree...
Actual Stats:
The number with no college degree is 26.35%
The percentage some college is 21.5%.
http://strongernation.luminafoundation.org/report/2016/
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However, the number of students who graduate from college after 6 years, that number is 60% with numbers being as high as 89% at selective schools:
The 6-year graduation rate for first-time, full-time undergraduate students who began their pursuit of a bachelor’s degree at a 4-year degree-granting institution in fall 2008 was 60 percent. That is, 60 percent of first-time, full-time students who began seeking a bachelor’s degree at a 4-year institution in fall 2008 completed the degree at that institution by 2014. The 6-year graduation rate was 58 percent at public institutions, 65 percent at private nonprofit institutions, and 27 percent at private for-profit institutions. The 6-year graduation rate was 57 percent for males and 62 percent for females; it was higher for females than for males at both public (61 vs. 55 percent) and private nonprofit institutions (68 vs. 62 percent). However, at private for-profit institutions, males had a higher 6-year graduation rate than females (28 vs. 25 percent).
Six-year graduation rates for first-time, full-time students who began seeking a bachelor’s degree in fall 2008 varied according to institutional selectivity. In particular, 6-year graduation rates were highest at post secondary degree-granting institutions that were the most selective (i.e., had the lowest admissions acceptance rates), and were lowest at institutions that were the least selective (i.e., had open admissions policies). For example, at 4-year institutions with open admissions policies, 36 percent of students completed a bachelor’s degree within 6 years. At 4-year institutions where the acceptance rate was less than 25 percent of applicants, the 6-year graduation rate was 89 percent. \
SOURCE: U.S. Department of Education, National Center for Education Statistics. (2016). The Condition of Education 2016 (NCES 2016-144), Undergraduate Retention and Graduation Rates.
https://nces.ed.gov/fastfacts/display.asp?id=40
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I will close in saying that with all due respect, it seems that even tho you think family insurance coverage to age 26 is “ridiculous,” you are covering your FOUR post-high school kids on that plan...If you are so opposed to the system, why not just tell your college kids to take the college insurance plan and pay for it separately, then the young and healthy are paying in premiums to prop up the system that you support.