More Solid Proof That Obamacare Is Working

http://blogs.forbes.com/rickungar/2011/05/23/more-solid-proof-that-obamacare-is-working/


May. 23 2011 - 1:17 pm

Recent data provided by the nation’s largest health insurance companies reveals that a provision of the Affordable Care Act – or Obamacare – is bringing big numbers of the uninsured into the health care insurance system.

And they are precisely the uninsured that we want– the young people who tend not to get sick.

The provision of the law that permits young adults under 26, long the largest uninsured demographic in the country, to remain on their parents’ health insurance program resulted in at least 600,000 newly insured Americans during the first quarter of 2011.

----- (skipping)

This is very good news – particularly for those in the individual and small group markets that tend not to ‘self-insure’ as the larger corporations tend to do.

It is also very good news for those of us who write a large check every month for our health coverage.

For starters, every one of the young immortals we add to the rolls of the insured is one less young adult who will turn to the emergency room to fix a broken leg and then find themselves unable to pay the bill – leaving it to the rest of us to pay the tab.

Because the under 26 crowd tends not to get sick, adding them to the insurance pools helps bring the very balance that was intended by the new law. The more healthy people available to pay for those in the pool who are ill (translation- the older people), the better the system works and the lower our premium charges should go.

..