Thursday, March 25, 2010

Obamacare's Effect on the Idiots that Overwhelmingly Favor It.

Interestingly (but unfortunately, not too surprisingly), the 18 - 29 year-old age group simultaneously has the highest approval of President Obama and has the most to lose under the Obamacare law. An article describes "20 Ways ObamaCare Will Take Away Our Freedoms." Three that will particularly affect the 18 - 29 year-old (my) age group are quoted below.

2. You are young and healthy and want to pay for insurance that reflects that status? Tough. You'll have to pay for premiums that cover not only you, but also the guy who smokes three packs a day, drink a gallon of whiskey and eats chicken fat off the floor. That's because insurance companies will no longer be able to underwrite on the basis of a person's health status. (Section 2701).

3. You would like to pay less in premiums by buying insurance with lifetime or annual limits on coverage? Tough. Health insurers will no longer be able to offer such policies, even if that is what customers prefer. (Section 2711).

4. Think you'd like a policy that is cheaper because it doesn't cover preventive care or requires cost-sharing for such care? Tough. Health insurers will no longer be able to offer policies that do not cover preventive services or offer them with cost-sharing, even if that's what the customer wants. (Section 2712).

I'm interested to see who is blamed* when the Obama-loving youngsters discover that they are required to purchase insurance at inevitably high rates (insuring pre-existing conditions/the un-insurable will not be cheap my friends).


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