Thanks to the costs of the mandates, insurance companies have had to raise deductibles just to keep premiums within range of these younger, healthier consumers, too. Instead of a cheap, affordable plan that allowed young Americans to pay retail costs for occasional clinic visits but gave them solid coverage for rare catastrophic events, they now have to spend thousands of dollars a year for coverage that doesn’t kick in at all until after they spend an additional $4,000 out of pocket first.
And this is the calculation that anyone can make. If you have to spend $4,000 on insurance and then another $4,000 on deductibles before seeing the first benefit from the insurance plan, why buy it at all? Why not just pay retail on clinic visits? Most young people will see a doctor once or twice a year, which might cost them $500 or so rather than the $8,000 they’re facing in this newly mandated apparatus.
Well, yes, except that most of them are too innumerate to make even that simple calculation.
Here’s what’s really going to happen. Most of those kids are going to say, “Whatever,” and then forget about it – until they discover that those “taxes” that John Roberts says are peachy-keen gobble up their pitiful tax refunds – assuming they even have a job and a paycheck in the first place.
By the way – how do those “taxes” for not signing up for Obamacare get collected if you aren’t paying taxes at all?