Affordable Care Act vs The Invincibles |
Affordable Care Act signed. Excitement. Gets on webpage. Sees prices. Exits webpage. These are motions made by many young adults between 19 and 29 took upon realizing that it was now mandatory that every American adult sign up for a health insurance plan. On March 23, 2010, young adults, including the writer, thought they were finally getting a break from the government when President Obama signed his new health reform act. Little was known how much this generation was actually considered before the president signed off their continued demise. Young adults were sold a dream of affordable health plans that could fit within their tight ...view middle of the document...
’ (Pikert, 2009) The term “young invincibles, “originates from a popular conception that the demographic is uninterested in coverage because they believe themselves invulnerable” (Pikert, 2009) Some of them, are totally ignorant to the fact that health insurance is even something that they need to get. Most of this group don’t think about the need to get insurance until they get that letter at 24 stating that they are no longer on their parents insurance and just continue on without it.
So why are the “young invincibles” going without insurance? Many perceive that upon their matriculation through college that they will be obtain employment that will not only give them optimal pay, but provide benefits as well. But as we see with the slow decline in our economy, many are unable to obtain stable employment, and if they do it is at menial wages. With attempting to take care of their self, many “young invincibles” simply don’t believe it is feasible to manage paying for high health insurance premiums. Others believe that it is a waste of money and that they will paying monthly for something that is rarely used. “Among those aged 18-34, only about 2.7 percent rate themselves in fair or poor health.” (Larson-Stoller, 2013).
Another big issue of people that are uninsured are those that are starting their own businesses. On a hi-tech industry there are many young people that come out of college, they have great new ideas, they want to innovate some particular market segment and they want to stick their own business in and they have to go out and search for their own coverage. So anybody that is young and typically, independent of some employer is going to need health insurance and a lot of them put it well down their list of priorities when it comes to their spending for themselves. So far only 20 percent said they would "definitely" or "probably" sign up for insurance under the Affordable Care Act.
The reasons suggested for purchasing an insurance premium are that THEY ARE NOT INVINCIBLE. Despite the contrary belief at that age, they get sick or injured as well. One Centers for Disease Control and Prevention study found that 17 percent of women ages 18 to 29, and 13 percent of men, have a chronic condition such as cancer or diabetes. “Federal data show that young adults have higher rates of car accidents, which could lead to pricey medical bills. The high cost of maternity care can be another concern for young adults, with the average charges ranging upward of $32,000, according to a study published this year by Truven Health Analytics.” (Kliff, 2013) They are also endorsing the fact that signing up for health insurance is a part of becoming an adult. If you want to be play the role of adult then you’ve got to work, but if you want to maintain being able to work, then you need to be healthy. “Getting covered is about taking personal responsibility for your health and financial well-being. It’s about being an independent adult and protecting...