Tuesday, March 30, 2010

Health Care Pain, Part II

Yesterday I wrote about how the requirement to display calories on the menu will cost some small businesses up to $200,000. Today we find out about another (entirely foreseeable) consequence of the health care bill, courtesy of the Associated Press:
CHICAGO — Health insurance premiums for young adults are expected to rise about 17 percent once they're required to buy insurance four years from now. That estimate is from an analysis by Rand Health.

Young people will need to carry more of the burden of health care under the new health overhaul law. The new law limits an industry practice of charging older customers more.

As my boss asked me last fall, "Are you looking forward to paying for my health care for the rest of your life?" Let me be perfectly clear: I am PSYCHED. Especially because the AP is incapable of actually writing an article condemning Obama and closes by reciting liberal talking points:
Even so, the pluses could outweigh the minuses. Some 2 million people under age 26 should qualify for coverage under their parents' health plans. And Medicaid expansion will insure 9 million more young adults.

Way to speak truth to power!

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