[quote=AK]Yeah, I guess it’ll drive up costs for employers and policyholders.
No, I don’t think it’s practical for many young adults to purchase private health insurance … it’s hard to qualify for an individual policy unless you’re in absolutely perfect health, and that age group gets raked over the coals for car insurance. And let’s face it, a car is a necessity, especially since relying on public transit shrinks the pool of potential jobs drastically.
No, I don’t think that young adults are net beneficiaries because when they do get their own insurance, they’ll be required to pay higher premiums to subsidize old farts like myself.
I don’t think this is necessarily a blue state / red state issue, since the trend of covering adult children started in some of the reddest states of all.[/quote]
I don’t think this is a blue/red state issue either. But I’m really trying to understand why someone that is otherwise independent can still tack on to a parent’s insurance. It doesn’t make sense. Maybe if
1) the person a still a full time student
2) the person wasn’t working at a job
3) the person had a preexisting condition that made insurance really unobtainable under an individual plan.
But I don’t see #1-3 in the example above.
No, I don’t think it’s practical for many young adults to purchase private health insurance … it’s hard to qualify for an individual policy unless you’re in absolutely perfect health, and that age group gets raked over the coals for car insurance. And let’s face it, a car is a necessity, especially since relying on public transit shrinks the pool of potential jobs drastically.
That’s not true. When I was young and in ok health, my insurance was $150/month. I say ok health because I wasn’t necessarily in great shape…I guess I don’t know what would be considered “expensive” insurance.
