Cato Adjunct Scholar Aaron Yelowitz reports:
Health care proposals moving through Congress would force most or all Americans to purchase health insurance (an “individual mandate”) and would impose price controls on health insurance (“community rating”) that would limit insurers’ ability to offer lower premiums to low-risk enrollees.
Those provisions would drive premiums down for 55-year-olds but would drive them up for 25-year-olds—who are then implicitly subsidizing older adults. According to the Urban Institute, many young people could see their premiums double, whereas premiums for older adults could be cut in half.
Read the whole report, here.
Wake up 20 to 30 year olds because this is just the beginning…
They are not going to wake up. They believe it is going to give them free health care. They were sold a bill of goods.
This is the only good thing that has happened since this commie leaning pres.has been installed.The young people are going to be very shocked when they start paying the bill for cap&trade,bailing out wall st.,health care (don't forget the 20 mill.illegals who you will be paying for)REMEMBER;the only thing that has changed is the debt from pvt,to public, your life will change allright!I'am an old man who tried to explain the facts but was accused of hating.PARAPHASING"if the americans are not vigl they will get the gove.they deserve not the one they want!"