With the new pre-existing condition and cover uninsured mandate portion of the new health care bill; there will be a pass the hot tater chain of events to pick up the huge additional costs. Young adults forced to buy their own insurance, will carry a heavier burden of the medical costs for older Americans— a shift expected to raise insurance premiums for young people when the plan takes full effect. Beginning in 2014, most Americans will be required to buy insurance or pay a tax penalty. That’s when premiums for young adults seeking coverage on the individual market would likely climb by 17% on average, or roughly $42 a month, according to an analysis of the plan conducted for The Associated Press.
Once that becomes too hot, the young will attempt to shift their tater cost (and possibly their spouse and childrens tater cost as well) to their parents health care coverage until the age of 26. Once that becomes too hot, the parents will attempt to shift their tater cost to medical insurance providers or the federal government. Once that happens the insurance companies, with the crushing requirements and small federal co-payments, will be out of business leaving government to be the full health care provider. That should make everyones tater hot…
Tags: Health care, Obamacare
Leave a Reply