Wednesday, June 20, 2012

So what?

FoIB Holly R tips us to this shocker from The Hill:

"More than 3 million young adults have been able to stay on their parents' insurance plans because of [ObamneyCare©]."

One of the provisions allows "adult children" (see also: "jumbo shrimp") to stay on their parents' health insurance plan until they're 27 (29 in Ohio). This is also a case of "bootstrapping:" ObamneyCare© did away with individual policies for actual children in favor of those who can actually fend for themselves.

Theoretically, anyway.

It's a fairly innocuous piece of this train wreck initiative, but it's also expensive for those who choose to take advantage of it: in most cases, the cost of the rider is far greater than an individual policy would be (particularly if the group plan is the typical co-pay arrangement).

But of course we can't expect The Hill to report on that.
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