ObamaCare pisses off Dummies

[thundley4]

w8liftinglady   (1000+ posts)             Tue May-31-11 06:30 PM
Original message
sigh. Now I'm pissed again. "Parents don't like junior on insurance"
   
http://www.bizjournals.com/denver/blog/capitol_business...


When Congress adopted health care reform last year, its leaders beamed that provisions requiring insurers to cover children up to age 26 would make a lot of underinsured or uninsured young adults healthier and happier.

But apparently they forgot to speak with one group that wasn’t wild about the idea: The parents of those Gen Y beneficiaries.

A new survey done by eHealthInsurance and Kelton Research finds that 56 percent of parents will provide no more than one year of financial assistance to their college graduate children, if any at all. It also shows that 43 percent of parental respondents would keep their college graduate on their health insurance plans only if it cost them zero money.

Much of the debate around the Patient Protection and Affordable Care Act (PPACA) centered around making insurance more affordable, whether by expanding eligibility for publicly funded low-income programs or limiting the percentage of premiums that health insurers can put to overhead and profit.

The provision requiring insurers to let young adults nest on their parents’ policies longer was meant to make it more affordable for new grads. But because it didn’t put any limits on how much insurance policies could charge for adding those young adults, the cost simply shifted to the parents — making insurance less affordable for them.

Among the questions asked by the survey was: What would you be willing to provide your children with after they graduate college? A minority of the respondents — 45 percent — said they would put their kids on their health insurance plan until they turn 26. That’s more than the 37 percent who said they would help with student loans or the 29 percent who said they’d help with rent. But it’s less than the 51 percent who said that they would provide a small amount of money each month to help pay for bills and much less than the 89 percent who said they would provide moral support, such as advice (which brings to mind the question: Who exactly are the 11 percent of parents not willing to provide moral support to their kids?)



Read more: Parents don't like junior on insurance | Denver Business Journal

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1204832

Horse with no Name   (1000+ posts)             Tue May-31-11 06:38 PM
Response to Original message
4. I am glad that I can put my kids on my insurance
   
HOWEVER, the privilege does cost me considerably more than I expected it would...to the tune of $300/month. I currently have two on it, but my oldest drops out this summer because she turns 26--my premium won't go down though. We got a letter from the insurance company offering to let her continue her own policy at $787 per MONTH.

Unintended consequences bite in the ass again.

RaleighNCDUer   (1000+ posts)           Tue May-31-11 06:52 PM
Response to Original message
6. The vast majority of kids in that age range are the healthiest they
   
will be in their lives.

That means the ins. companies get to charge more for the 'family' insurance, while not paying out much if anything in benefits.

Before this legislation, those kids would - as I did at that age - simply go uninsured. Other than the 3 years I was in the service, from 20-23, I had no health insurance between 17 and 35. And for the most part I didn't miss it.

A hell of a scam.

We tried to tell you DUmmies that the whole bill was a scam.

[BEG]

At 26 you aren't a friggen CHILD. I was married for 6 years, had a child of my own and another on the way, worked full time (as did my husband) and paid our own bills at 26. 

[jukin]

SMART Power!!!111!!!eleventy

You will know it when it bites you in the butt.

[SSG Snuggle Bunny]

I saw this and was going to bring it over.

What is H8liftingLazy pissed about: ObamaCoup or free citizens deciding to not use the provision?

[true_blood]

After all, the imposter in the white mosque said that his Hellcare plan "would be great" for all.
 

[DumbAss Tanker]

Actually I find it kinda useful.  One of our kids has issues - a harmless, pleasant, even intelligent kid, but just missing some piece that would enable him to handle independent real-world life.  Odds are very great that he won't have any major medical issues before 26, but it's nice to have it as an emergency fall-back.  I don't mind springing for the extra, which isn't all that much under the fairly-basic insurance I have.

[miskie]

After all, the imposter in the white mosque said that his Hellcare plan "would be great" for all.
 

It's great for one of his key voting blocks is all.

[blitzkrieg_17]

At 26 you aren't a friggen CHILD. I was married for 6 years, had a child of my own and another on the way, worked full time (as did my husband) and paid our own bills at 26. 

At 26 I had been a homeowner for 3 years, and had(and still have) a mortgage and several hundred $ in bills to pay a month.

[miskie]

We didn't have the house yet - We got that when I was 28 - The wife however was 26 and expecting.