I'd like to comment on the Sept. 13 column by James Werrell, “ Young people might like Obamacare.” In this article Mr. Werrell said that “younger Americans are likely to welcome Obamacare with open arms.” He also goes on to say about the young that “it seems likely that many will embrace the security of affordable health insurance.”
Does Mr. Werrell live in fantasy land? There are no studies to support these claims. The facts are that Obamacare is highly unpopular with the young. By two to one, young people want nothing to do with Obamacare.
The average cost for a young person to have the “security of health insurance” will be between $3,000 and $5,000 per year. If you check the unemployment numbers for this age group, you'd see it is much higher than the national average. And you think they will embrace this expense?
Mr. Werrell also says that “the estimated 125 million Americans with job-based insurance coverage won't be affected.” If Mr. Werrell had done his homework, he would have found that many small business owners and CEO’s have put a freeze on hiring, hiring only part-time employees and dropping full-time employees back to part-time to avoid paying for their insurance. All giving Obamacare as the reason.
The only somewhat accurate statement in Mr. Werrell’s article is that so far insurance premiums remain stable. That depends on what state you live in. In some states premiums are up 40 percent. The only reason premiums are somewhat stable is because Obamacare has not been fully implemented yet. Most number crunchers predict that in the next five years, health care costs will go through the roof.
Hang on to your wallets!