Young people. We have already stole your future with back breaking debt of over 17 trillion you will have to pay back through taxes. All we ask now is to pay for our health care through artificially high insurance rates to subsidize us old people. Now is that a lot to ask?

The Millennials, who are responsible for paying for obummercare, also have the highest unemployment rate, have the lowest paying jobs, and have large student loans to pay for. Their extra cash will be going to obummercare and paying for servicing Obama's $17 Trillion ever increasing debt.

In the last presidential election Millennials voted for Obama by 60% compared to 36% that voted for Romney. In the previous election it was 66% to 32% (McCain); that was when Obama promised us Obamacare. Elections have consequences. And yes Obama did say things that proved incorrect. However had people stayed informed they would have known that back when Obama was making all his absurd promises that he couldn't possibly keep.

Sadly, it will take a monumental effort just to push back this toxic tide to the broken system from before, much less actually improve it.

You guys are misinformed - The young are simply needed to improve the risk pool in order to reduce everyone's costs.

None of the subsidies come out of anyone's premiums to pay for someone else - none - and most of the young qualify for subsidies because the young tend to be lower income.

So, overall, the young will NOT be paying for everyone else.

Google and read: "How The Affordable Care Act Pays For Insurance Subsidies by JOHN YDSTIE" November 07, 2013

Second - The young will likely not be saddled with debt anymore than most previous generations.

After WWII, debt to GDP was around 120%, far higher than today and we never paid it down, but by the 1970's the debt to GDP ratio had fallen into the 30% range because GDP growth greatly outpaced the yearly increases in the debt - until Reagan.

We have had deficits almost every year during, and since, WWII except for four years under Clinton, LBJ's last budget year in the late 1960's, and a few years under Eisenhower in the 1950's, etc

Now we are once again in a position where we need focus on reducing debt to GDP, mostly the way we did in the past by growing the economy fr faster than debt, but this was not a crisis for past generations who faced far more "debt held by the public" than today as a % of GDP- and it is not a crisis now.

Nearly 1/3 of our debt, 5 trillion, we owe to ourselves, a good chunk of it because we borrowed from the trust funds (SS etc). Half the interest we pay on the debt each year we pay back to ourselves into the trust funds, etc as well. This portion of the debt is called intragovernmental holdings and you can see it listed on the Treasury's website in a section called debt to the penny.

Haha....that is really cute. I stopped reading at, "Second - the young will likely not be saddled with debt anymore than previous generations." you know nothing.

"None of the subsidies come out of anyone's premiums to pay for someone else - none - and most of the young qualify for subsidies because the young tend to be lower income."

Correct. But just where will these subsidies come from?

Google and read: "How The Affordable Care Act Pays For Insurance Subsidies by JOHN YDSTIE" November 07, 2013

"a big chunk of that credit is coming from taxes"

"Another quarter is offset by added taxes on medical-device makers and drug companies"
"The other source of revenue is a tax increase"

"The 31-year-old's current policy is being canceled. A new policy from the exchange will more than double his monthly premium and nearly double his yearly out-of-pocket maximum"

"young, healthy people subsidize older people, who are more likely to be sick."

Before I read the article, allow me to take a wild stab at it...

Government subsidies come from......taxes.

Now... If I must read the article...

Too bad you could not convince your other millennial friends that Obamacare will not work financially :) I would like to see everyone int he US have health insurance, but I knew it would not work when I looked at the math. I suspect what will happen is that it will just run out of money since young people will not come and the rates will have to keep going up - not sustainable.

They voted him back in.

if they have low paying jobs the young also get subsidies that make their premiums nearly zero, so they are, on average, certainly not paying for everyone else.

You are right on. And frankly, as an over-60 person, my rates and the rates of every other person I know in my age group have gone UP, way UP, and yet our young family members get subsidies and have low rates. Do you know anyone over 40 even who's health ins rates went down? and along with higher rates, higher deductibles ... and all policies carrying things you don't need like maternity care, etc. Just a huge rip-off ... and it's not the insurance companies getting that money, it's the government redistributing it to other fellow (yet younger) citizens.

Mary I'll do you one better: I'm 32, my wife is 31 and we have a 4 month old. Our insurance just jumped from $5900 annually to over $13,000. I think you could probably lower that number to anyone over 30, as I'm a Millennial and all of my friends/family around my age have all seen increases, where most are rolling the dice without insurance because they can't afford it and will just take the fine.

In fact, it makes me wonder if 30 and over are seeing increases (even my 68 year old mother had her Medicare increase and can't afford her secondary now) is anyone seeing cheaper costs at all? 26 and over are no longer on their parents insurance, so it leads me to believe that everyone on their own, has their costs increasing.

And subsidies are a joke. Even my old part time jobs, if I wanted health insurance, I could've forked over a boatload of cash for it. So if you're basically employed and your employer offers insurance in some form, no subsidy for you.

Also, if you are employed and wanted a subsidy, it only comes in after you spend 9.5% or more of your income on insurance. I don't know anyone that can afford almost 10% of their annual income, and it's also likely if you have that expensive of a plan, you're either rolling without insurance or paying for a less expensive plan in the first place, because your subsidy still won't make up the difference between the bronze/silver/gold tiers even with a subsidy.

You are SPOT ON. I have heard nothing but war stories similar to what you stated. I worked for a broker (all types ins) and health is just a nightmare. So on the other side of the fence (vs the consumer side we are on), they are having to change their websites, programs, and hire more people to handle the flood they are getting, and don't always have answers. The major health carriers in our area have a backlog, and it's hard to push things thru to meet date deadlines that have changed several times. Commissions on health are lower than other types, so there's not much positive in it for them either.
And small businesses in our area either have or are going to consider (after seeing how it goes this year) dropping their employee coverage benefit vs paying a fine. with rates as high as they've jumped (which was an unknown until the last minute), they may be better of $-wise in doing that, but boy will that put a hurt on a lot of employees. I just can't believe it's called the AFFORDABLE health care act, since it isn't affordable to any participants I can see ... other than on the very low end of the spectrum, who should have been getting help under the old systems anyway.

I'm over 50 and my rates went down. I think it depends a lot on your state.

Actually, if you made that little, you would be shifted into Medicaid (as 4 million of the 6 million enrolled are), which means you are simply being insured by the taxpayers.

The so-called "subsidies" actually apply to very few, those subsidies are generally small, and a $30 subsidy on a $300 policy you don't need is still $270 a month going to others.

7.5 million people are estimated to make incomes that are too high for medicaid but will get subsidies that will actually make their insurance free if they choose a bronze plan or about 50 a month if they choose a silver plan and about half of these people are young. Kaiser family foundation has a subsidy calculator - you can google it and try out different incomes and look and see what you would pay for bronze or silver, etc

And to that we all say - thank you. Hey we paid for our parents SS and Medicaid for a long time and still are.

(1) Improve the risk pool means that in the lottery of the health insurance pool there are too many people with winning tickets, so you need more young health losers who will put in tons but get almost nothing back.

(2) Subsidies are not free. They come from someone else paying. Whether that comes from the premiums of those who make too much for subsidies or from the taxes of those who make too much from subsidies, you are still taking money from their pocket and giving it to the insurance companies in the name of someone else.

(3) The young will pay far more than they ever had before as the critical care "catastrophic" plans are now gone. They are forced to purchase "maintenance included" plans that they do not need (not a lot of maintenance care in your 20's).

(4) How many Trillion in debt? How many deficits over 1 Trillion (2008 on, as there never was one before)?

You are wrong. The fundamental function of insurance is to shift the burden onto people that take the least from the system. Young people will by definition of insurance pay much more than they receive.

The PPACA (aka Affordable
Care Act or ObamaCares!) is intended to do the following (and most of the
provisions are already in place and active!).

(1) Create a private
health insurance market (Done!).

(2) Hold insurance
companies accountable by monitoring premiums (Underway and partially enacted!).

(3) Eliminate pre-existing
conditions; i.e., discrimination on the basis of illness or injury (less than a
week to go!)

(4) Reduce the deficit by
cutting government spending on healthcare costs (healthcare costs have been
declining for the past several years since the enactment of the PPACA in March
of 2010).

(5) Extend coverage to
dependent children until 26 years under their parents plans (Done!).

(7) Focus on preventative
Care to reduce healthcare costs later in life (this is a key one- for every
dollar spent on preventative care, the savings is several fold above that!

(8) For CHILDREN,
screenings for Autism, behavioral disorders, blood disorders, congenital and
developmental disorders, hearing, vision, TB testing, and dental).

(9) For adults, screening
for alcohol abuse, blood pressure, HIV, and depression.

(10) For WOMEN, screening
for anemia, cervical cancer, as well as treatment for sterilization, OB-Gyn
care, well-woman visits for pregnancy and breast feeding.

(11) INSURANCE for the
POOR!!!!!!!!!!! (Pope Francis would be proud!)

OVERALL, GREAT FOR ALL
Americans!!!!!!

(12) The INDIVIDUAL
MANDATE so that all will participate (Thank You Jon Gruber, Mittens, and the
Heritage Foundation!!!!)

(12) Elimination of Annual
and Lifetime Limits!!!! (Great for Old Folks!)

Pope Francis is Happy!!
ObamaCares is Pro-Life!!
Jesus is Proud!!!!!!

15.). Bail out insurance companies for their losses when the ACA financially implodes because very few people are actually paying for it

nash-nashie, you need to read more, and smoke less crack!
80% of all Americans get their health insurance through their employers.
These policies are PAID for and IN EFFECT!
80%!!!! Write that down!
Those policies are already ObamaCares! compliant!!!!, and saving millions of dollars!!!!!
You think a website for those without insurance as ObamaCares!!!!!
You are not very bright....
But ObamaCares!! will take care of you!!!!!
WhoooooHooooo!!!!!!
ObamaCares!!!!!!!!!!
HillaryCares!!!!!!!!!!!!

Thanks for revealing yourself to be a low intellect partisan hack............Employer mandate has NOT taken effect yet, it was delayed by the Liar in Chief until 2015 so it is impossible to know right now whether any employer plans are actually ACA compliant or not.
Good Lord, you are a complete dolt!

Ph.D, and you nash-nashie.....
Option was given for some- a small number took advantage.
Read and learn, if you can read....

Put the crack pipe down

Really an intellectual response!
PhD here, and you nash-nashie?
You lying neo-confedertae rethuglicans are going down, mostly because your stupid and we are fed up with your bs!
now go away!

Why would I waste an intellectual response on someone who does an impressive impression of Jethro Bodine?!?

Grab your shine box, boy, and get to work on that Hope and Change button!

Here is my favorite part!
President Barrack Hussein Obama - 3 more years (of Hope and Change! Certainly Change as even you, nash-nashie, must admit!).
Then 8 MORE YEARS of President HILLARY RODHAM CLINTON!!!!!!!!!!!!!!!
HillaryCares!!!!!
ObamaCares!!!!!!
11 years to remake the SCOTUS!!!!!!!!!!!!!!
Register ALL GUNS
Ban Assault weapons!!!!
Lock up the GUN-FREAKS that fail to register their firearms!!!
Holder will be ecstatic!!!!!!
Jesus will be proud!!!!!!!

Wow........dude, lay off the drugs as they are causing serious delusions.
There WILL be a big change next November thanks to Obamacare............hahahahahahahaha!!!!!!

"Governor" Chris "Crusty" Crisco has slipped up again!
This sleaze bag is not electable any more...
IMPEACH the Crisco-Kid!
WhooooooHooooooo!!!!!!
Hillary on 2016 AND 2020!!!!!!!!

14) No payments for people with delusions of the greatness of Obama's plan for financial ruin for this country.

You are wrong about Clinton he left office having accumulated a deficit.

These neo-confederate racists don't want to hear the truth!
They still think that the PPACA just started and is a website.
Truth is the PPACA has been in play for years. Enacted 1n 2008 and initiated in 2009, the Plan has many facets, most already in full deployment.
For example, 80 % of medical plans are offered by employers. All of these are already compliant by PPACA guidelines!
Therefore we are ALREADY benefiting from the PPACA!
This plan is revolutionizing health care in America.
Next are the ACOs, which will changes things even further by requiring a new approach by healthcare providers.
(btw, for the neoconfederate racists, ACOs are accountability care organizations which will dramatically impact Medicare for ALL!
Obama is saving the healthcare industry, just like he did for the Financial Industry and Car Industry!
ObamaCares!!!!!!!!
HillaryCares!!!!!!!!

Dude, seek help immediately

Dude?
nash-nashie, if I needed help, it would be there and provided in the PPACA!!!!!!
WhooooooHoooooo!!!!!!!!!!!!

Pop another pill, dolt

Let me guess. A black guy with a very big chip on his shoulder.

Yes, you accurately describe President Barack Hussein OBAMA!!
The greatest President EVER!!!!
WhoooooHooooo!!!!!!!!!!!!
(the chip is because of all the racists trying to bring him down, including "polar bear (that name is so cute!))

Baby Boomers reaped the benefits of the Greatest Generation and then turned around and robbed the country of the riches that had been built by their parents. And for their final act, they will pass the blame and the bill to the next several generations.

How about you all start exiting stage left please.

Um, I think it was young people who put Obama back in office.

Actually the Greatest Generation made out good by creating the Baby Boomers. The larger than normal cohort of young Boomer workers was good for funding the Greatest Gemerations' Medicare and Social Security. For the old Baby Booomers now there are not enough of the Birth Dearth or their own children in the workplace to fund the same kind of benefits for themselves into theirnold age.

guaranteed to take you to heaven.

Excuse me but you have that completely backwards

When medicare was created in 1965, the oldest of the baby boomers was still not quite old enough to vote and was about 20 - the voting age was 21 then, so not only did the boomers have nothing to do with creating these programs, they are the first group to retire who have EVER paid into both retirement programs their whole working lives and supported the medicare program with their taxes for the generations that came before them - including the "greatest generation"

No, young people should just "kick the can down the road" to the generation not yet born, and so on!!

You are really misinformed - The young are simply needed to improve the risk pool in order to reduce everyone's costs.

None of the subsidies comes out of premiums - none - and most of the young qualify for subsidies. They tend to be lower income and most will pay very little for insurance. Those with higher income typically have employer coverage.

So, overall, the young will NOT be paying for everyone else - quite the contrary - most will pay very little.

Second - The young will likely not be saddled with debt anymore than most previous generations.

After WWII, debt to GDP was around 120% far higher than today and we never paid it down, but by the 1970's the debt to GDP ratio had fallen into the 30% range of GDP because GDP growth greatly outpaced the yearly increases in debt - until Reagan.

We have had deficits almost every year during, and since, WWII except for four years under Clinton, LBJ's last budget year in the late 1960's, and a few years under Eisenhower in the 1950's, etc - still by 1970, debt to GDP had fallen from 120% after the war to in the 30% range. Now we are in a position where we once again need to reduce debt to GDP, but it was not a crisis for past generations who faced more debt held by the public than today - and it is not a crisis now. Nearly 1/3 of our debt, 5 trillion, we owe to ourselves and a good chunk of it we borrowed from ourselves out of the trust funds (SS etc). About half the interest we pay on the debt each year we pay to ourselves back into the trust funds as well.