10/14/13

ObamaCare: GOP's big chance to lure young voters

Focusing on Obamacare in general, and mandatory coverage in particular, could prove a plausible GOP strategy for broadening the anti-Obama coalition to include voters in their 20s and 30s by bringing attention to what economists call the "cross-subsidy" inherent in any insurance system based on mandatory coverage, Robert Hahn and Peter Passell claim in The LA Times. "And, with hindsight, it may yet be seen as the opening salvo in a generational war, one fed by the reality that older Americans are a rapidly growing burden on younger workers, who can ill afford it.
"If the only folks who buy Obamacare coverage are the sick and those in late middle age, the system will be self-supporting only at very high premiums, hardly a recipe for cementing popular support. That's why candidate Obama reluctantly accepted the individual mandate as part of his health insurance plan, adding a spoonful of sugar for those who are poorly paid (but Medicaid ineligible) in the form of need-based subsidies." More      [BJS]