InfoAnda - Insuring young key to health care overhaul plans

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Protesters break into grounds of Libya's parliament | | 21 October 2012
GM vehicle sales in China soar | 1 July 2009
Huawei CEO's message presages management transition | | 28 December 2011

China faces new melamine scandal | International | | 30 December 2008

Forum Views () Forum Replies ()

Read more with google mobile : Insuring young key to health care overhaul plans

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Africa Europe Latin America Middle East North America Insuring young key to health care overhaul plans By ALEX KEEFE,Medill News Service for The Associated Press - Saturday, November 28 Send IM Story Print WASHINGTON – The young invincibles. That's what the insurance industry calls them. They're the 13.7 million Americans under 30 who don't have health insurance because, they firmly believe, they just don't need it. Why waste money on something they're too healthy to ever use? In the debate over health care, lawmakers and industry agree that persuading this statistically healthy demographic to jump into the insurance pool would bring down costs for the broader population. But for young adults to make the leap, health industry experts and youth advocacy groups say, Congress needs to focus more on affordability than invincibility. Young adults are more likely than other age groups to work low-wage, entry-level jobs that don't offer health insurance, according to the Kaiser Family Foundation. As a result, Americans aged 19 to 29 have the highest uninsured rate in the United States. "Do I really want to pay $200 a month so I can get antibiotics whenever I catch a cold?" asked 30-year-old Will Mohring, a Washington restaurant manager who makes about $45,000 a year. Mohring has been uninsured for about a year. He said his decision to forgo insurance was eased by the security of having good family genes and the burden of $400-a-month student loan payments. "I don't think not having health insurance is a good thing," he said. "I think if it was affordable, and that's the key, if it was affordable I would definitely have it." Insurance industry experts say it's important to bring young people like Mohring into the system because they're healthy and don't need costly medical care. Their premiums would help subsidize older, less healthy people in the insurance pool, thereby bringing down average costs. That's one of the reasons why the health care bills circulating in Congress would require most Americans to get health insurance, or face a fine. The plan is basically intended as a tax on young people to help lower the cost for others, said Martin Feldstein, a conservative economist who served as President Ronald Reagan's chief economic adviser. But 27-year-old Aaron Smith, co-founder of the ironically named Young Invincibles youth advocacy group, encourages his peers to take the long view of health care. "I think young people can accept the idea that it's okay for us to pay a little more now to, you know, make sure that the system works well in the long term," Smith said. "There will come a time when we are older, and we are sicker, and then the system will take care of us." But that concept doesn't sit well with 24-year-old Leone Edwards, a part-time security guard and jewelry maker from District Heights, Md., who recently had her employer-provided health benefits slashed as a result of budget cuts. "I think what would worry me is me paying for someone else's health care," Edwards said. "That would be (my) biggest issue." Many of the health care overhaul provisions in Congress would affect young Americans, and a few were drafted specifically with that demographic in mind. Young adults would be able to piggyback on a parent's insurance through age 26 in the proposed Senate bill, or age 27 in the House-passed bill. "I think that takes a load off a lot of college students' shoulders," said Brittany McGrath, 22, a senior at the University of Maryland. McGrath said she'll be dropped from her father's insurance shortly after graduating in December, but said being able to stay on his plan longer would ease her mind as she begins job hunting. A recent study by the Commonwealth Fund suggests that raising the age of dependent coverage could insure more than 2 million young adults, albeit for a minimal hike in their parents monthly premium. That would allow young Americans to start a business or be a photographer or writer, without being confined by having to find a job that has health care benefits, House Speaker Nancy Pelosi, D-Calf., said when she announced her chamber's proposal in mid-October. But the plan would leave out low-income young adults whose parents lack insurance themselves, said Karyn Schwartz, senior policy analyst at the Kaiser Family Foundation. Of all the health care proposals circulating in Congress, experts say the one likely to cover the most uninsured young adults is a massive expansion of Medicaid, the federal-state health insurance program for the poor. All the health care proposals would help ease the blow of an individual mandate by providing government subsidies to people who make less than 400 percent of the federal poverty level, or about $43,300 in 2009. The subsidies could be used to buy insurance in newly created government-regulated marketplaces called exchanges. Shoppers on an exchange could choose from privately sold plans that meet new coverage requirements set by the government. A government-run insurance option also may be part of the final bill. The so-called "Young Invincible" plan would offer catastrophic insurance to people younger than 26 that comes with a high deductible and covers the bare minimum of preventative care, including immunizations and some cancer screenings for women. The insurance industry has been marketing similar high-deductible, low-premium plans to young people for years, giving them snazzy names like Thrill-seeker or Tonik 5000. Twenty-five year-old Zachary Kolodin, who runs a non-profit start-up in Washington, D.C., says his catastrophic plan does not cover regular doctor visits or medicine to treat his asthma, so he's forced to go without. "I'm just not getting the care," Kolodin said. "I'll probably go to the dentist at some point, but I haven't been to the dentist since I got this (health plan) because it is a pretty major out-of-pocket expense." Recommend Send IM Story Print Related Articles Man apparently tried to haul away ATM in Colorado AP - 1 hour 19 minutes ago Costa Rica to recognize next Honduran government AP - 1 hour 27 minutes ago Crashers probe may become criminal investigation AP - 1 hour 34 minutes ago Suspected drunk driver drags NM man 200 feet AP - 1 hour 42 minutes ago Teachers begin using cell phones for class lessons AP - 1 hour 44 minutes ago News Search Top Stories Victory for Putin as France signs gas pipeline deal Big crowds hit US 'Black Friday' shops Investors dump stocks over Dubai scare Commonwealth summit to stoke climate debate ING announces terms for 7.5-bln-euro rights issue More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Dubai debt fears hit world stock markets Investors dump stocks over Dubai scare Dubai debt move 'carefully planned': top official Couple crashed White House state dinner Berlusconi estranged wife eyes $65 mln a year More Most Viewed » Alcohol helps cut heart disease risk for men: study Mankind using Earth's resources at alarming rate More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Saturday, 28 November 2009
Defiant Ebadi accuses Iran of lying over Nobel 'seizure'
EU unveils new economic chiefs amid tensions
Hong Kong police probe second Facebook suicide group
Big crowds hit US 'Black Friday' shops
German minister quits over Afghan strike
Investors dump stocks over Dubai scare
ING announces terms for 7.5-bln-euro rights issue
Cellphone powers back pain chip in Taiwan
Israeli minister optimistic on prisoner swap deal | International |
Commonwealth summit to stoke climate debate
Activision says "Call of Duty" series tops $3 billion
Iran says expects Russian missiles within 2 months
Five dead, 50 missing as Bangladesh Eid ferry sinks | International |
Merkel moves German family minister to labor job | International |
Southern separatists end Yemen highway closure | International |
U.S. says Sudan's 2010 elections in doubt | International |
Obama set to meet with Australian prime minister
Activision says Call of Duty series tops $3 billion | Technology |
3 Ukrainians died in Afghan helicopter crash
Japan PM asks China's defence chief for 'transparency': govt
Cambodian ex-prison chief pleads for release
White House endorses IAEA censure of Iran
SKorea's president set to meet North's Kim Jong Il
Shoplifting Charge Gives Man A Stinky Situation
Philippine mayor ordered massacre
Four Dead In Florida Thanksgiving Shooting; Manhunt Underway
U.S. Will Send Diplomats To Anti-Landmine Convention
Police: Pregnant woman killed at holiday dinner
Filipino who lost wife in massacre files candidacy
White House Lambasts New Charges Against American-Iranian Detained In Tehran
Space shuttle Atlantis, 7 astronauts back on Earth
Update: Atlantis Returns Safely After Landmark Visit To ISS
Update: Shuttle Atlantis Lands Safely In Florida
Sri Lanka's presidential poll set for Jan. 26
Military divorces edge up again in 9th year of war
Olmsted's 1895 Pa. steel town seeks green rebirth
Sri Lanka to hold presidential poll in January
Insuring young key to health care overhaul plans
Report: Accused CA camp killer planned massacre
AP NewsAlert
Canadian buyer wants multiple sports at Silverdome
EU figures show resilient China trade, lower deficit
China's Geely to own Volvo technology: report
India's Tata Motors swings to quarterly profit
S.Korean president sees 2010 GDP up around 5 pct
Tata Motors swings to $4.7m consolidated profit
Confusion surrounds Robbie Williams "proposal"
District 9 no alien to Oscar buzz | Entertainment |
Japanese flock to first-ever open budget debate
Top 10 movie flops of the decade
Luc Besson says the French are his harshest critics
Confusion surrounds Robbie Williams proposal | Entertainment |
Indie Spirit Awards hit milestone 25th year
Indie Spirit Awards hit milestone 25th year | Entertainment |
Top 10 movie flops of the decade | Entertainment |
Louvre, Versailles face closure by striking French workers
"District 9" no alien to Oscar buzz
British tabloids inspire Russia's school for scandal
Luc Besson says the French are his harshest critics | Entertainment |
Poland's president inks restrictive gambling law
BBC chief predicts smaller corporation after 2012
Katey Sagal: Happy as the mom on 'Sons of Anarchy'
Oprah to visit White House for Christmas special | Entertainment |
Abbas thanks Venezuela for supporting Palestinians
Russian train crash kills 25, nearly 100 injured
Black Friday shoppers tweet, friend and clip
Russian train crash kills 39, attack suspected | International |
Wall Street braces for Dubai debt fallout, jobs data
Twenty-two dead, 54 hurt in Russia train crash: reports
British Star Ricky Whittle Arrested On Suspicion Of Assault
French minister wants Europe to take on Google
Gatecrashers met Obama, Secret Service 'embarrassed'
Iran condemned by UN nuclear watchdog
Swedish FM discounts Greek EU veto on Macedonia
Space shuttle Atlantis lands back on Earth
Diplomats: Iran censured at UN nuclear meeting
Honduran favorite aims for Brazil's support | International |
W.Sahara activist ailing 12 days into hunger strike
Victory for Putin as France signs gas pipeline deal
Israeli minister "optimistic" on prisoner swap deal
Venezuela to upgrade Palestinian ties, offers aid | International |
Iran denies it confiscated Ebadi's Nobel medal
Afghan mine victims face hard, but hopeful life | International |
Cargo plane crashes on take-off at Shanghai airport | International |
Venezuela blasts Colombia as region talks defense | International |
Bangladesh ferry capsizes at dock; 15 dead
Body of trapped Utah spelunker won't be recovered
Black Friday shoppers tweet, friend and clip | Technology |
10 dead in China mine accident: state media
Cadaver hunt in Philippines massacre ends: police
French minister wants Europe to take on Google | Technology |
White House: State dinner crashers met Obama
World's lowest birth rate 'could hurt' Taiwan society
E.Timor should form anti-graft commission: president
Signs of life in stores as holiday shopping begins
Florida police hunt Thanksgiving family killer
3 killed as cargo plane crashes in China: media
Zimbabwe cargo plane crashes in China, killing 3
Front-runner registers for Philippine presidential election
US military deaths in Afghanistan region at 849
Australia PM plays down climate snap poll fears
US military deaths in Iraq war at 4,366
AP NewsAlert
DA: Walmart peaceful year after deadly NY stampede
Dubai debt crisis roils world markets
Top 10 TV series of the decade | Entertainment |
US-ENTERTAINMENT Summary
Leona Lewis hopes Echo will resound | Entertainment |
Top 10 TV series of the decade
Iconic Ansel Adams print going up for NYC auction
Former director of Spain's Guggenheim museum jailed
Paris evolution sale: from dinosaurs to space diapers
Al Alberts, founding member of The Four Aces, dies
US delays crackdown on Internet gambling
Explosion heard in Kabul: witnesses
US Fed chief 'concerned' by regulatory proposals
Iran 'will make own nuclear fuel' if IAEA deal fails
At least 73 dead in Congo boat accident: Red Cross | International |
Saudi floods death toll rises to 98 | International |
Zambia denies shielding Rwanda genocide suspects | International |
At least 32 killed after Bangladesh ferry sinks | International |
Hardline rebels take Somali border town near Kenya | International |
Day two of Namibia vote, ruling party set to win | International |
Anti-WTO protesters in Geneva smash windows | International |
West aims to build Afghan forces with pay hike | International |
Zimbabwe cargo plane crashes in China, killing 3
Screenwriter Avary taken off jail furlough
Commonwealth talks boost hopes of climate deal
Black Friday shoppers tweet, friend and clip | Technology |
Bangladesh ferry toll rises to 28
Exec says Nokia must speed up transformation: report | Technology |
Bangladesh ferry capsizes at dock; 30 dead
Recession sends older Americans to food pantries
12 inmates escape from western Afghan prison
Slain Ore public defender was strangled
Indonesia struck by 6.2 magnitude earthquake
Bangladesh ferry capsizes at dock; 18 dead
Bomb detonates in Afghan capital, no injuries
Japan launches 5th spy satellite
iPhone's debut in S.Korea means paradigm shift: experts
Hyundai suspends passenger vehicle sales in Japan
S.Korean president orders crackdown on railway strike
Apple's iPhone arrives in tech-savvy South Korea
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01