Wednesday, March 31, 2010

Health Premiums Could Rise 17 Percent For Young Adults

Someone always has to pay. For health care it seems young adults will take a larger part of the cost.

http://www.breitbart.com/article.php?id=D9EOGMT03&show_article=1

"Health insurance premiums for young adults are expected to rise about 17 percent once they're required to buy insurance four years from now. That estimate is from an analysis by Rand Health.

Young people will need to carry more of the burden of health care under the new health overhaul law. The new law limits an industry practice of charging older customers more.
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2 comments:

  1. This is predictable something people were saying would happen, and not something Insurance companies have to do. They have been raising premiums while at the same time shedding more customers for months, raking in billions in profit, and then blaming the costs on doctors. It has nothing to do with the law, but it's what insurance companies are going to say, you can believe them if you want:

    http://dubrowsky.blogspot.com/2010/03/slave-power-2-in-america-business-is.html

    If there was a public insurance option to compete it could hold down these kinds of moves by insurance companies. We don't have that thought because our system is designed to protect whatever it is insurance companies want, no matter the cost in human welfare or to our deficit.

    young adults tend not to be engaged in politics because they feel there is no reason to be, maybe now some people will wake up.

    ReplyDelete
  2. @Ian Spencer Dubrowsky - it is fairly logical conclusion; young adults do not feel certain coverage is worth it, do not pay for it, and therefor pay less. Force them to increase their coverage and you force them to pay more.

    ReplyDelete

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