The Young Invincibles

Some folks round these parts like to spread some interesting narratives and predicitions. Here's two of my paraphrased favorites:
- Young people dont want health insurance
- Young people won't sign up for insurance and will pay the penalty instead

But one of those liberal-media-bias websites (Bankrate.com) seems to have arrived at a different conclusion with a survey they performed.

People under 30 say access to healthcare and cost is improving..and they are willing to relocate to get better access if necessary

"Bankrate.com, a consumer financial website, also found that among all the groups it surveys regularly about Obamacare, 18- to 29-years-olds "were the most likely to say that their health insurance situation is improving" as well as their ability to pay for medical expenses."
...
"Young people are also more likely to relocate to find better and/or cheaper health insurance, according to the Bankrate survey. Forty-two percent of respondents in the 18- to 29-year-old age bracket said that "finding better insurance, possibly with cheaper rates or more options, would be a minor or major reason to move," says Whiteman. "

The Harvard "Millennials" poll found only 22 percent of young Americans -- defined in the survey as between 18 and 29 years old -- plan to sign up for ObamaCare. Even more troubling for the administration, fewer than a third -- only 29 percent -- of people who currently do not have health insurance plan to.

People live 12 years in the 18-29 age category. Thanks to the new law, for 8 of those 12 years (years 18 to 25), people are eligible to be insured on their parents' policies and have no need to sign up for Obamacare.

Given the fact that most people in that age range can glom onto their parents' policies, it's not the least bit surprising that only 22 percent of people in that range intend to sign up on their own.

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EDIT: Turns out that 22 percent figure is typical hoops2 bullshit, read on.

However the plan assumed this group would also sign up for insurance and pay their own premiums, not glom onto another plan.

It is still a potential revenue shortfall

What "plan" made that assumption?

What you wrote makes no sense.

Waiting for the usual suspects, with their usual FoxBox talking points,

to chime in...........10..........9.........8........7..........6.........5.........4........3.........2..........1.......

obamacare's business plan

I've now read up on the Harvard poll. To the shock of no one smart, it does not say what hoop2 claimed above, that "only 22 percent of young Americans -- defined in the survey as between 18 and 29 years old -- plan to sign up for ObamaCare."

The actual percentage reported in the poll is 32 percent higher than what hoops2 claims.

If hoops2 says it, you can be certain it is purposefully factually false in a way intended to make President Obama look bad.

No it isn't.

Parents pay extra for insuring their children. This is true regardless if their kids are 10 years old or 25. The new law simply allows the age for parents to include their kids on their insurance plan to be extended...like while their kids are studying in grad school. Terrible idea, huh?

If you are searching for a revenue shortfall I'd happily point you to the previous system you wish to go back to where uninsured college kids' emergency room visits were paid for by hikes in your insurance premiums. But thanks for playing!

President Obama's plan has been to get 2.7 million people age 18 to 34 to sign up for Obamacare. Why so few?

Because 20 million Americans in that age group get their health insurance at work and have no need to sign up for Obamacare.

So in trots hoops2 claiming that a low percentage of young people intend to sign up for Obamacare. Well, duh! They don't have to, so many of them are already insured at work!

The mind reels.