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  1. #1
    Senior Member AirborneSapper7's Avatar
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    HEALTHY YOUNG, KEY TO OBAMACARE, AREN’T BUYING IT

    HEALTHY YOUNG, KEY TO OBAMACARE, AREN’T BUYING IT



    By:
    Kathryn Watson
    10/8/2013 03:00 PM
    This article originally appeared on watchdog.org.

    Obamacare “only works … if young people show up.”
    That’s from former President Bill Clinton in a recent MSNBC interview.
    It’s why Obamacare supporters and government agencies are trying everything from sports advertising to video contests to get young people in the game.

    But will those millions of Millennials show up and sign up for health insurance under the Affordable Care Act?
    A recent Reuters poll found Obamacare may not attract enough young people to keep costs low for others, despite a headline that asserts the opposite: “Poll shows healthy young adults may keep Obamacare afloat.”
    The conflict between headline and data represents a collision between the hopes of survey respondents and economic logic.
    The poll found that a little more than a third of young adults in its survey had tried and failed to purchase health insurance in the past. It also found that a third hoped to be able to buy health insurance now.
    Reuters figured if just half of them do so, “the White House would easily meet its goal of getting 2.7 million young adults — out of about 16 million uninsured 19-to-29-year-olds — to buy Obamacare insurance for 2014.”
    This group couldn’t afford health insurance before, and Reuters never bothers to explain how they’ll afford it when it gets more expensive.
    Monthly premiums under Obamacare will go up for young people in all 50 states, according to a study released Thursday by the center-right American Action Forum. Premiums will average more than $187 per month in 2014, up from $62 per month in 2013, a 202 percent increase, the study said.
    Several Millennials told us why they won’t bother to sign up.
    “An entire generation is being turned into a part-time workforce” because of Obamacare, said 22-year-old Patrick Richardson, a senior at the University of Toledo in Ohio who considers himself fortunate to have health insurance through his employer.
    “When you do the math, it’s cheaper to pay the penalty, but that’s not the way the system was designed. It counts on young people enrolling, but young people don’t want any part of it,” he said.
    Several people said they would rather cough up the $95 penalty in the first year for being uninsured than pay hundreds of dollars each month in premiums for Obamacare.
    “If we weren’t covered on our parents’ health insurance, my friends and I would pay the fine rather than pay for the higher cost of health insurance,” said Keith Leslie, a 23-year-old graduate student at Florida State University in Tallahassee still covered by his parents’ health plan.
    The penalty for not buying insurance jumps to $700 in 2016.
    “In order to offset the high costs associated with insuring the elderly, premiums for the healthiest segment of enrollees, those between the ages of 18 and 49, will need to increase,” the American Action Forum study found.
    But with those kinds of health-care costs, 23-year-old Joshua Trujeque, a senior at theUniversity of New Mexico, says risking going uninsured seems the best option.
    “That’s why I’m very careful,” Trujeque said with a laugh.
    Paul Winfree, a former policy analyst at the Heritage Foundation, did a video explaining some of the problems young people face in the new age of Obamacare.

    But the biggest concern for Millennials is the unknown.
    “There’s a disconnect right now. I’ve talked with quite a few young entrepreneurs, and everybody is feeling the same way,” said Brooke Parish, director of the Pulse, the Young Professionals Network in Appleton, Wis., which serves some 200 young professionals in the region.
    “We don’t know enough about it,” she said.
    “For me personally, I’m concerned about how much my costs are going to go up,” Parish said. “Am I going to have to pay more?”
    Editor’s note: This article has been updated to further explain the Reuter’s poll.
    Kathryn Watson is an investigative reporter with Watchdog.org’s Virginia Bureau, and can be reached at katie@watchdogvirginia.org.

    http://www.humanevents.com/2013/10/0...ent-buying-it/

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  2. #2
    Senior Member AirborneSapper7's Avatar
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    Obamacare Is a Raw Deal for Millennials

    By BOB GRABOYES

    October 7, 2013 RSS Feed
    Comment (22)






    It's clear that millennials will be hammered by Obamacare, but most of the analyses wending their way through the media understate the negative impact the law will have on the cost and quality of health insurance for these 20- and 30-somethings. The problem is that Obamacare, also known as the Affordable Care Act, takes money from a variety of pockets, and many or most of the flurry of analyses focus on insurance premiums in isolation.
    Millennials' life prospects have already suffered under the weight of the Great Recession and its aftermath. Their job markets are shaky and their student loans large. Now, large health insurance premiums and other costs hidden in the ACA will further dim those prospects.
    [See a collection of political cartoons on Obamacare.]
    Choosing a state at random, the Manhattan Institute reports that before the ACA, the average 27-year-old male in Arkansas could buy a health insurance policy for roughly $54 a month. According to the White House website, on the ACA exchange, the average lowest-priced plan will be three times more expensive, costing him around $181 a month – a 235 percent increase. If he were to purchase a stripped-down catastrophic plan, it would cost roughly $135 per month, two-and-a-half times more than his current insurance.
    From the same sources, before the ACA, the average 27-year old woman in Arkansas could get health insurance for around $81 per month. On the ACA exchange she will pay roughly $181 for the average lowest-priced plan, more than doubling her cost of health insurance. If she were to get the $135 per month catastrophic insurance coverage – the cheapest insurance offered on the exchange – it will still cost 66 percent more than her current insurance.
    These increases reflect one big ACA truth – younger, healthier Americans are required under Obamacare to overpay for their insurance so that older, sicker, and (by and large) wealthier Americans can underpay for their insurance.
    Then there are the costs that don't show up in the side-by-side premium comparisons. The Department of Health and Human Services looked at a hypothetical 27-year-old Texan earning $25,000 per year. This person, HHS noted, would pay $145 for the second-cheapest silver plan and $83 for a bronze plan. But InsureBlog.com noted that such plans would likely come with a $5,000 deductible and a $6,350 out-of-pocket maximum. For a young person with serious health issues, the ACA's "affordable" coverage will consume 30 percent of his income.
    [See a collection of political cartoons on the economy.]
    But even this ignores the fact that the ACA shifts part of the cost of coverage onto the federal government, which must pay for individual subsidies and for Medicaid's expansion. Because of these federal obligations, one of three things must happen:
    1. Americans, including these 27-year-olds, will pay higher taxes now.
    2. The federal government will have to borrow more money to cover these hidden ACA costs; the 27-year-olds will then pay taxes over the rest of their working lives to pay for the subsidies paid out to their elders in 2014.
    3. The federal government will have to cut other programs – roads, education, environment, energy, homeland security, national defense and so forth – to pay for the 2014 subsidies. And to be clear, this means fewer jobs and opportunities in infrastructure, education, etc. (Lots more quality time in mom and dad's basement, however.)
    [See a collection of political cartoons on the budget and deficit.]
    The true comparison then is not 2013's premiums versus 2014's premiums (the most common comparison in the news). Rather, it is 2013's premiums versus 2014's premiums plus extra deductibles and co-payments, higher future taxes and cuts in other government services.
    David Goldhill's splendid book, "Catastrophic Care: How American Health Care Killed My Father and How We Can Fix It," examines a young, low-level employee in his firm and finds she will spend more than 50 percent of her lifetime earnings on health care. And because that spending is divided across so many pockets, she may never realize this fact.
    [See a collection of political cartoons on the government shutdown.]
    One final note. For all of the extra financial burden that millennials and others will bear under Obamacare, many will discover that their new insurance plans buy them a great deal less than their old plans did. Many exchange plans will offer narrow networks – fewer doctors, fewer hospitals.
    Younger Americans are already staring into a bleaker economic future than the one their parents anticipated 30 to 40 years ago, and Obamacare will significantly worsen their prospects. By comparing only pre-2014 premiums with post-2014 premiums, ACA friends and foes alike are grossly understating just how much the millennials' prospects will dim on January 1.
    When the ball drops in Times Square this year, it drops on the millennials.
    Robert F. Graboyes is a senior research fellow at the Mercatus Center at George Mason University.


    http://www.usnews.com/opinion/blogs/...or-millennials

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  3. #3
    Senior Member AirborneSapper7's Avatar
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    GOVERNMENT

    OBAMACARE HAS ‘RAPED MY FUTURE,’ COLLEGE GRAD SAYS IN VIRAL LETTER


    Oct. 9, 2013 12:30pm Oliver Darcy

    A 26-year-old university graduate penned an open letter this week expressing her deep displeasure with President Barack Obama’s signature health care law, saying it has “raped” her future — and now the letter is going viral.

    Ashley Dionne, a recent college graduate, posted the letter detailing her experience with Obamacare on conservative radio host Dennis Prager’s Facebook page Monday. She said she received her bachelor’s degree in 2009 and went back to school for a second degree, but hasn’t been able to get more than 32 hours of work a week.


    An anti-Obamacare letter penned by a recent college graduate is now going viral. (Image source: Facebook)

    The letter was reposted by Prager later that night and has since been shared more than 1,000 times on Facebook.

    Dionne told college news website Campus Reform she wrote the letter to warn the public of the problems with the Affordable Care Act.

    “I wanted to get my message about Obamacare out, because I’m being directly and negatively affected by it, but I know it’s not just me,” Dionne said. “Obamacare will make my life more difficult.”
    She added, “It will hurt more people than it will help.”

    (H/T: Campus Reform)


    http://www.theblaze.com/stories/2013...-viral-letter/
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  4. #4
    Senior Member AirborneSapper7's Avatar
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    5 hours ago by Joshua Cook

    Americans Suffer Sticker Shock – How Affordable is Obamacare?

    8 Comments

    It's Day 9 of the Federal Government shutdown and many citizens who are able to sign up for healthcare under the Affordable Care Act are shocked how to see how expensive the plans are for working middle class families.

    Workers who were dropped by their employer's health insurance are being told to sign-up for Obamacare. However, they are discovering that it is certainly not that easy. Workers are finding a buggy and complicated system where their premiums are outrageous and that they are too wealthy for the tax deductions promised under ACA. Let's look at Trader Joe's.

    According to Huffington Post, grocer Trader Joe's, which has long-lauded the fact that it provided health benefits to part-time workers, has now dropped that coverage, telling employees to sign up for insurance using the ACA exchanges.

    The Huffington Post reports: "In the memo to staff dated Aug. 30, Trader Joe's CEO Dan Bane said the company will cut part-timers a check for $500 in January and help guide them toward finding a new plan under the Affordable Care Act. The company will continue to offer health coverage to workers who carry 30 hours or more on average."

    This memo continues, "Depending on income you may earn outside of Trader Joe's" — i.e., another job – "we believe that with the $500 from Trader Joe's and the tax credits available under the ACA, many of you should be able to obtain health care coverage at very little if any net cost to you."

    Hard working Americans are discovering that signing up for ACA is not like Geico where it's "so easy a caveman could do it."

    Since the start of the sign-up period, bewildered Trader Joe's employees have taken to social media to voice their frustration.

    One family paid $180 per month under the Trader Joe's plan for part-time workers, which covered him and his wife, who worked at the retailer.

    As directed, they searched on the exchanges, and to their surprise, they found worse coverage for more money. He writes, "MNSure [the State of Minnesota health insurance exchange] was able to find us 1 plan (had to change the date to 2014 just to get that!). One plan! The rate? $555.81 with a $6,000 deductible; more than 3X what we were paying for a worse plan! And no, we are not eligible for any tax deductions, and no we are not rich. In fact, we have budgeted nearly every dollar we make to pay off debt before this happened!"




    Justin Hawley told Joshua Cook, "a lot of people thought that Obamacare would take from the rich and give to the poor. In reality, 177it's taking money from people who don't have extra money and causing all sorts of problems. This is the first time that I ever felt robbed in my life!" I feel like someone literally came to my house and robbed us."

    "Who do you know in a middle class working family that has an extra $400 that they can come up with out of thin air? It's insane!"

    "Right now there is a giant question mark hanging over everybody's head right now in terms of whether any employers will continue to ensure employees. Everyone is dropping spouses and coverage – businesses don't know what's going to happen at the end of the year. This is hurting people who are not rich and people need to know that, and it will eventually hurt everyone badly." Hawley said.

    One family in Alabama was shocked to see that their premium will go from $352 a month to $795.54 a month, and their deductible to go up from $500 to $2000. I asked the mother Courtney about her sticker shock. She said, "the BCBS letter (see below) we received says my policy now meets ACA requirements, and my premium included the required ACA tax and fees now. As of December 31 my policy premium is up $444.54 and my deductible has gone up $500 to $2000. This is going to cause my family to be uninsured."

    "For years we have worked hard and stood on our own feet. Now this man (President Obama) has wrecked my finances and I am supposed to trust him to give me government money so that I can be insured and have the ability to take my children to the doctor. I was proud to be insured. At this point I'd rather be uninsured then depend on this man," she said.

    Courtney's reaction is being echoed around the country.

    See how much health care will cost you under ACA by using this calculator.




    http://freedomoutpost.com/2013/10/am...-is-obamacare/
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