Young Adults Gain Health Insurance under Obamacare

mame

Well-Known Member
Young adults, long the group most likely to be uninsured, are gaining health coverage faster than expected since the 2010 health law began allowing parents to cover them as dependents on family policies.

...

Last week, the Census Bureau reported that the share of young adults without health insurance dropped in 2010 by 2 percentage points, to 27.2 percent. That decline meant that 502,000 fewer 18- to 24-year-olds were uninsured. Most gained coverage through private policies, not government programs.

...

On Wednesday, the Centers for Disease Control and Prevention released a separate survey showing that the trend may have accelerated in the first quarter of 2011. The National Health Interview Survey, which differs in methodology from the Census count, estimates that 900,000 fewer adults ages 19 to 25 were uninsured in the first quarter of this year than in 2010. Also released Wednesday, a Gallup survey found similar rates in the second quarter of 2011.

The Department of Health and Human Services had projected last year that 650,000 uninsured would gain coverage in 2011 because of the provision.

...

Although cause and effect have not been proven, government officials and health industry analysts said they could not imagine another explanation for the change. In the census numbers, young adults were the only age bracket with an increasing share insured by employers (albeit presumably their parents’ employers) (full article here)
It's still very early, but I like what I'm seeing so far from Obamacare... The main thing I'd like to see, however, is a study revolving around Obamacare's effects on costs - specifically, it's ability to 'bend the curve'... It'll likely take at least a few years before enough data is there to do any real study on the matter but early results are encouraging.

Thoughts?
 

deprave

New Member
Most young adults that wouldn't have been covered before opt out of healthcare plans because they are too expensive, more and more opting out everyday as the cost rises, I think this would counteract with obamacare quite a bit. The cost is going to be even higher with more people on Medicaid.

The one exception would be people with per-existing conditions who couldn't get medicaid before, they are in the minority but they are out there....Ive met them, now instead of private insurance they can have medicaid.

The problem is for people that fit in 20k to 30k income bracket, they can't afford to be insured if their employeer makes them pay a large percentage it means that the plan can be 20-33% of their income - not affordable if you live check to check...especially for something your probably won't use...I wouldn't even crack 10%...thank god my healthcare plan now is the best and 100% paid for by my employer, but my situation is actually rare, especially in impoverished areas where employees are more like slaves.

So I am thinking the net result could actually be negative as far as insured people in this bracket as the cost rises...Ill try to be optimistic though...

One thing I am really happy for the autistic children because of Obama care.
 

Hemlock

Well-Known Member
It's still very early, but I like what I'm seeing so far from Obamacare... The main thing I'd like to see, however, is a study revolving around Obamacare's effects on costs - specifically, it's ability to 'bend the curve'... It'll likely take at least a few years before enough data is there to do any real study on the matter but early results are encouraging.

Thoughts?
Hasn't there already been enough studies of this around th world.
The UK's NHS
Canadian healthcare
Shall i go on?

Looks to me like all national health/Obamcare does is raise taxes.
One doesn't have to look very far to figure that out.
 

deprave

New Member
Looks to me like all national health/Obamcare does is raise taxes.
One doesn't have to look very far to figure that out.
Thats about right...It raises taxes...more spending for really little amount of change overall...and it raises the cost of healthcare additionally...

The one good thing it did is help autistic children and other seriously ill people have an option for government coverage...not always a good thing. The other good thing is that its possible that slightly more people may get healthcare but at what cost to society?

Most of these people got private insurance coverage no problem, even the poor, additionally there is free clinics all over the country...We already have universal health-care in our compassion....How about lower the cost of health-care, thats the right solution, for one all medical records should be on a computer, hospitals shouldn't go through reams of paper per second and bureaucratic red tape left and right before they can care for their patients and they have to constantly worry about law suits and so they hire legal professionals and on and on. We would have more free and cheap clinics and insurance if it didn't cost so damn much and had a free market.



I am a lefty and a former medical professional...and obamcare sucks ass...sure its not the doomsday scenario that some neocons an fake conservatives claim it is...but its definitely not a very positive thing as far as change and progression.
 

mame

Well-Known Member
Which Demographic of the population uses the least amount of healthcare?
generally younger people use less, but we have to remember that all of these people are insured BY CHOICE atm - they aren't mandated to stay on their parents insurance it's only the insurance companies who are mandated to allow a young adult (As defined as up to 26) to keep their insurance if they so choose... My point being that those people are likely primarily people who couldn't get insurance(for whatever reason) before but wanted it and now it's available so they're taking advantage of the newfound availability.
The problem is for people that fit in 20k to 30k income bracket, they can't afford to be insured if their employeer makes them pay a large percentage it means that the plan can be 20-33% of their income - not affordable if you live check to check...especially for something your probably won't use...I wouldn't even crack 10%...thank god my healthcare plan now is the best and 100% paid for by my employer, but my situation is actually rare, especially in impoverished areas where employees are more like slaves.
I'm in that income bracket, and I pay 50% of my insurance costs; I live fine and without government assistance. I dont use my insurance much admitedly... but I have had my wisdom teeth pulled in addition to another, I recently found out I have a stomach ulcer and if I didn't have insurance I would still be puking every morning because of the acids, etc... Even as a generally healthy 22 year old male I get use out of my insurance just fine and while it is fairly expensive it is worth it most of the time (and everytime I start to think I'm wasting my money, I'll get a cavity or I'll break my toe).
Hasn't there already been enough studies of this around th world.
The UK's NHS
Canadian healthcare
Shall i go on?

Looks to me like all national health/Obamcare does is raise taxes.
One doesn't have to look very far to figure that out.
What studies? What you're saying is absolutly ass backwards from reality; ALL advanced nations with universal healthcare systems pay significantly less per person than we do in the US (costs are cut in half or more depending on country)... Literally every reputable, peer reviewed study on the healthcare industry suggests that universal systems are superior to the system we had prior to Obamacare(and most systems in Europe are probably still better than Obamacare as well). you're entitled to your own opinion, but not your own facts.
 

deprave

New Member
and how much percentage of your income is that? 20%? Clearly not worth it for someone who doesn't need it(not your scenario but it is the scenario of many), thus my point, 20-30k bracket is going to continue to be uninsured unless the cost of health-care is addressed. I am even arguing that it is likely that less people as a whole in this bracket will be insured as the cost continues to rise. Id estimate as much as 10% less if not more within the next 5 years, this by far overrides the new government coverage for people with pr-existing conditions, which is a very small minority.....
 

mame

Well-Known Member
and how much percantage of your income is that? 20%? Clearly not worth it for someone who doesn't need it(not your scenario but it is the scenario of many), thus my point, 20-30k bracket is going to continue to be uninsured unless that cost of healthcare is addressed.
Obamacare does takes steps to address cost of healthcare, which is why I noted in my OP that I wanted to see the data for Obamacare - say 10 years from now - to see how effective it is at 'bending the curve'. I agree though, lowering the costs is the most important.
 

deprave

New Member
Obamacare does takes steps to address cost of health-care, which is why I noted in my OP that I wanted to see the data for Obamacare - say 10 years from now - to see how effective it is at 'bending the curve'. I agree though, lowering the costs is the most important.
Thats up for debate as you stated, the data isn't going to show us any different unless it's slanted, the cost of health-care is rising and it was not addressed at all really, especially when you consider the new costs added, for real universal health-care there would need to be mandates...but thats an issue of liberty, not something the USA stands for..The only way we can have universal health-care is with the free market and the freedom to practice medicine and manufacture medical equipment cheaply. We are a capitalistic society, it must happen with the the free market or it won't happen at all.
 

mame

Well-Known Member
Thats up for debate as you stated, the data isn't going to show us any different unless it's slanted, the cost of health-care is rising and it was not addressed at all really, especially when you consider the new costs added, for real universal health-care there would need to be mandates...but thats an issue of liberty, not something the USA stands for..The only way we can have universal health-care is with the free market and the freedom to practice medicine and manufacture medical equipment cheaply. We are a capitalistic society, it must happen with the the free market or it won't happen at all.
We'll see. I will admit that Obamacare probably didn't do enough to curb costs(a public option, for example, would've helped), but it's at least a huge step in the right direction - which is where we obviously part in terms of opinion.
 

Hemlock

Well-Known Member
What studies? What you're saying is absolutly ass backwards from reality; ALL advanced nations with universal healthcare systems pay significantly less per person than we do in the US (costs are cut in half or more depending on country)... Literally every reputable, peer reviewed study on the healthcare industry suggests that universal systems are superior to the system we had prior to Obamacare(and most systems in Europe are probably still better than Obamacare as well). you're entitled to your own opinion, but not your own facts.

Sorry assumed you understood how this works.
There is no Universal Health Care without 50-60% PERSONAL INCOME TAX. Kinda like the Military gets funded, now we have to fund ObamaCare and everyone is broke, its math, not enough folks paying taxes raise taxes on the ones that are working. Yes, Europe is a CASE STUDY OVER MANY YEARS. Do some research and watch how thru the years Europe has had to raise taxs on there people to pay for their healthcare. Wake up, thats you.
Even Churchill was against universal Healthcare.
Get your facts straight. I wasn't stating an opinion.
 

dukeanthony

New Member
What studies? What you're saying is absolutly ass backwards from reality; ALL advanced nations with universal healthcare systems pay significantly less per person than we do in the US (costs are cut in half or more depending on country)... Literally every reputable, peer reviewed study on the healthcare industry suggests that universal systems are superior to the system we had prior to Obamacare(and most systems in Europe are probably still better than Obamacare as well). you're entitled to your own opinion, but not your own facts.

Sorry assumed you understood how this works.
There is no Universal Health Care without 50-60% PERSONAL INCOME TAX. Kinda like the Military gets funded, now we have to fund ObamaCare and everyone is broke, its math, not enough folks paying taxes raise taxes on the ones that are working. Yes, Europe is a CASE STUDY OVER MANY YEARS. Do some research and watch how thru the years Europe has had to raise taxs on there people to pay for their healthcare. Wake up, thats you.
Even Churchill was against universal Healthcare.
Get your facts straight. I wasn't stating an opinion.
Cite examples
Start with Germany that has a similar system to "ObamaCare"

The discoveries of healing science must be the inheritance of all. That is clear. Disease must be attacked, whether it occurs in the poorest or the richest man or woman simply on the ground that it is the enemy; and it must be attacked just in the same way as the fire brigade will give its full assistance to the humblest cottage as readily as to the most important mansion. Our policy is to create a national health service in order to ensure that everybody in the country, irrespective of means, age, sex, or occupation, shall have equal opportunities to benefit from the best and most up-to-date medical and allied services available.
-Winston Churchill
 

mame

Well-Known Member
Sorry assumed you understood how this works.
There is no Universal Health Care without 50-60% PERSONAL INCOME TAX. Kinda like the Military gets funded, now we have to fund ObamaCare and everyone is broke, its math, not enough folks paying taxes raise taxes on the ones that are working. Yes, Europe is a CASE STUDY OVER MANY YEARS. Do some research and watch how thru the years Europe has had to raise taxs on there people to pay for their healthcare. Wake up, thats you.
Even Churchill was against universal Healthcare.
Get your facts straight. I wasn't stating an opinion.
You should get your facts straight bud; Cost per person analysis includes ALL forms of payment, that includes taxes. The overall cost per person in Europe, with everything taken into account, is HALF or less than what we pay in the U.S.. You cannot dispute that, it's fact.

Also, European countries do not have 50-60% personal income tax rates... France's highest bracket for income taxes is 41%, Germany is 45%, Spain is 45%, etc (most Euro nations have a top bracket between 40-45%).
 

dukeanthony

New Member
Even Churchill was against universal Healthcare.
Get your facts straight. I wasn't stating an opinion.
The discoveries of healing science must be the inheritance of all. That is clear. Disease must be attacked, whether it occurs in the poorest or the richest man or woman simply on the ground that it is the enemy; and it must be attacked just in the same way as the fire brigade will give its full assistance to the humblest cottage as readily as to the most important mansion. Our policy is to create a national health service in order to ensure that everybody in the country, irrespective of means, age, sex, or occupation, shall have equal opportunities to benefit from the best and most up-to-date medical and allied services available.
-Winston Churchill
 

mame

Well-Known Member
Here are two telling graphs, the first is spending on healthcare as a share of GDP and the second is spending on healthcare per capita:


 

Hemlock

Well-Known Member
With*out ques*tion Churchill believed that new med*ical dis*cov*er*ies are “the inher*i*tance of all.” But that leaves a fairly wide array of options. On 3 July 1945, too late to affect the gen*eral elec*tion (which came two days later), he issued a Cab*i*net Paper call*ing on his col*leagues to move for*ward on leg*is*la*tion or National Insur*ance and a National Health Ser*vice. What they would have come up with we’ll never know, since the Con*ser*v*a*tive Party lost big, and the Labour Party took over and cre*ated their own plan. But con*sider that “National Insur*ance” to some peo*ple means an alter*na*tive to “National Health Ser*vice,” in which the cit*i*zen might have, for exam*ple, a med*ical sav*ings account accru*ing to the indi*vid*ual through reg*u*lar, required deposits from pay*checks, like a bank account. The mir*a*cle of com*pound inter*est is a great thing.
Guess you forgot this part.

Also If you figure in the VAT Tax of 19% on everything they buy you can see how really personal income is really taxed at about 50%.
 

dukeanthony

New Member
Also If you figure in the VAT Tax of 19% on everything they buy you can see how really personal income is really taxed at about 50%.
Let me Paraphrase for you
Churchill wanted a Universal healthcare plan for all

And

Taxes are no where near 50-60% like you stated
 

NoDrama

Well-Known Member
Taxes are no where near 50-60% like you stated
so a VAT of 20% plus a personal income tax of 40% is no where near 50 or 60? Hate to tell ya, but 40 + 20= 60, which is really very very very very close to 60, but yeah you are right, its not very close to 50. ( The UK is where I am getting my info)
 

mame

Well-Known Member
Also If you figure in the VAT Tax of 19% on everything they buy you can see how really personal income is really taxed at about 50%.
That's not quite true either, because the tax systems are progressive meaning most Europeans pay lower than 45% on their personal income and depending on the country most of the things the poor buy - like food - are exempt from the VAT just like how sales taxes work here in the U.S.. What this entails is that most Europeans are taxed far below 50% effectively.

I'm currently researching effective personal tax rates by country, possibly something that includes the VAT and income taxes together for some more definitive numbers, but I've come up dry so far. I'll keep looking for a few more minutes though and post if I find the numbers.
 

Hemlock

Well-Known Member
So, Ohio, how do you like President Obama now that you have had 2 1/2 years of him in the Oval Office? The Buckeye State turned blue for him in 2008, as the majority of voters bought into his mantras of hope and change and yes we can. The centerpiece of his domestic policy is Obamacare and now a new study shows that 790,000 Ohioans will lose their private health insurance and premiums will rise 55%-85% when Obamacare takes full effect in 2014.​
The Ohio Department of Insurance commissioned a study by Milliman Inc. of Seattle on what to expect from Obamacare, National Underwriter reported.​

From National Underwriter: “The number with some kind of individual commercial coverage could increase to 7.4%, or 735,000, from 350,000. The percentage with some kind of government coverage, or coverage provided by a private insurer but paid for in whole or in part by the government, could increase to 31%, from 20% in 2010. Although the percentage of residents with coverage could rise by about 7.9%, the price of individual health insurance coverage might rise about 55% to 85%, excluding the impact of medical inflation, the Milliman consultants predict.”​
That 55% increase in people getting Medicaid or other government subsidies will be paid by who? The people who will be socked with premium increases of 55%-85%.


Oh My!!
As Bruce Kessler wrote: “Then add in the additional taxes within and caused by ObamaCare. High price to pay, huh. Hope there’s any Change left in pockets.”​
 
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