Are Young, Single Adults Expecting Obamacare to Cost So Much? – The Daily Beast. Megan Mcardle interprets the debate as follows….
I don’t really want to play referee, either, but I’ll try. I think a fair summary would be that some older and/or sicker people will find health insurance cheaper and easier to obtain, while some young people will find it a lot more expensive than they were expecting. People who supported Obamacare think that the former is important and the latter is relatively trivial, while people who opposed Obamacare believe the reverse. People who supported Obamacare are very angry at people who opposed it for emphasizing the rate shock, rather than pointing out all the benefits to other people, which would obviously present Obamacare in a much more favorable light. People who opposed Obamacare think since Obamacare was sold on the grounds that it would make insurance cheaper for everyone except rich people, the fact that a lot of non-rich people will apparently pay more deserves some individual focus. And since the supporters do not regularly caveat their articles extolling the benefits of Obamacare with a note about all the bad possible side effects, it’s hard to argue that the opponents are obligated to do the opposite.
Health insurance costs for the young invincibles?
On the one hand, it’s great that young single folks can insure themselves for about $1600-2000 a year, even if they don’t qualify for a subsidy. On the other hand, as Will points out, lots of young single people can insure themselves for a lot less than that right now. I don’t think this is what they’ve been expecting.
Obamacare needs the young invincibles. I predict a marketing campaign the likes that haven’t been seen except during a Presidential election.
