Obamacare: More Republicans Utilize Parents’ Benefits
When this week comes to a close, there will be just 36 days left until October 1, the day the exchanges mandated by the Affordable Care Act are scheduled to open, and concerns for the success of this essential component of the health care reform remain as strong as ever.
The key is the participation of young Americans. The Obama administration needs to convince young people, who are on average less likely to make use of medical services and therefore are cheaper to insure, to sign up for coverage on the superstore-like exchanges in order to balance out the older or sicker patients more likely to sign up for health insurance as soon as possible. Their insurance premiums are meant to cover the big bills for the relatively small number of sick people, allowing for theoretically affordable plans to be offered to all enrollees. The administration’s fear is that young adults will continue to go uninsured despite the number of options the Affordable Care Act is creating.
Obamacare’s long-term viability has been the subject of much philosophical thought, number crunching, political debate, and economic analysis, so the expectations for the reform’s success cover a wide spectrum. Of course several key polls, especially of young Americans, factor strongly into this debate.