5 Facts That Show Young People Skeptical of Obamacare Are Right
A new Harvard University poll indicates that young people ages 18 – 29 believe Obamacare will result in higher costs and lower quality of care. Forty percent of young adults think the quality of care will get worse under Obamacare, and 37 percent believe it will remain the same, while a mere 17 percent think it may get better. Fifty-one percent say it will increase costs for them, and 34 percent say they will remain the same, while a mere 11 percent think it will decrease costs for them.
Here are five facts that show young people are paying attention to reality, not just Mr. Obama’s rhetoric.
1. Obamacare was designed to ensure young people subsidize older, sicker people.
If an insufficient number of young people sign up for Obamacare — which early numbers demonstrate is happening — Obamacare won’t work. President Obama’s rhetoric about affordability and his suggestions that people talk about Obamacare at a happy hour or at a holiday meal aren’t working on young people. We know the basic structure of Obamacare is designed to impose premiums on us that are actuarially unfair to us.
2. Healthcare costs for young adults will increase the most in almost every state, according to Heritage Foundation research.
Heritage notes that many states double or nearly triple premiums for young adults. Arizona, Arkansas, Georgia, Kansas, and Vermont see some of the largest increases in premiums.
3. Young people and their children will pay more for healthcare under Obamacare in the long-run, not just the short-run.
Obamacare will add roughly $2 trillion to the federal deficit in the first 20 years alone. This is on top if the roughly $280 trillion in unfunded liabilities the federal government has already imposed on us.
4. Obamacare has already and will continue to reduce competition, which will result in lower quality care.
The Heritage Foundation explains that “competition has the ability to lower costs and improve quality, but Obamacare exchanges do not achieve this goal.” In 35 percent of the nation’s counties, exchange enrollees will have a choice of plans from only two insurers, and in 17 percent of the nation’s counties, exchange enrollees will have a choice of plans from just one insurer.
5. Obamacare will put more people on Medicaid, despite the fact that it is a failed program that has been proven to produce worse results for individuals than private insurance.
The Heritage Foundation states that medical literature consistently indicates Medicaid patients have inferior access to health care and notably poorer health outcomes than privately insured patients. Yet, Obamacare will put an estimated 9 million additional Americans on Medicaid by 2014, and it will expand the program to able-bodied adults below 138 percent of the Federal Poverty level. These patients will have access to a limited number of doctors and hospitals.