My apologies for another NSG politics thread, but in my defense, I think this is my first, and you guys should know this.
The Affordable Care Act(AKA Obamacare) is here. It is finally becoming clear what makes it tick. Younger, healthier people pay more for insurance.
http://americanactionforum.org/research/premium-increases-for-young-invincibles-under-the-aca-and-the-impending
The estimates are roughly 260% more for insurance premiums. This offsets cost for older people and people with lower income. So basically, when you are working your ass off in you 20's, 30's and 40's you will be paying for other people's healthcare. The potential reward is getting lower cost healthcare when you retire.
It's the same thing as Social Security. You pay into it during your working years, and when you retire you are supposed to receive Social Security benefits. My dad always sarcastically thanks me for funding his retirement. That would be fine with me if I was going to get something out of it when I retire.
The problem is that Social Security is projected to run out of money in 2033, which is conveniently about the same time that I would start receiving benefits.
http://abcnews.go.com/blogs/politics/2012/04/social-security-and-medicare-could-run-out-sooner-than-expected/
Unless someone figures out a way to salvage the Social Security system, no one on this site is going to see a dime from it. Basically, more people are receiving benefits than are contributing.
The only possible way that the Affordable Care Act works is if the amount of money going in equals or exceeds the amount of money going out. If enough young healthy people don't sign up for this and pay the increased premiums, the ACA is dead on arrival. So PLEASE, all you 20 and 30 year olds sign up for Obamacare so that you can pay for my mom and dad's healthcare now and mine when I retire. Sorry it's going to cost a lot more, but YOLO. I just hope it doesn't go bankrupt down the road like Social Security. Anyway, thanks in advance for your support.
