Monday, April 7, 2014

Grow up

Megan McArdle looks at the number of people ages 18-26 who benefitted from staying on their parents health insurance.
That wouldn't have helped me 30 years ago.
I moved out of state and got a job with health insurance at age 22.
It was nice to stay on family insurance while in college, but four years was enough to get the degree.
Obamacare supporters can throw around the number - three million - but it's a guess. Likely on the high side.
After looking at the numbers, likely not worth the effort.
But given that most of the people covered by it are healthy people who would have gotten insurance pretty quickly anyway, it probably doesn’t provide much aggregate benefit, either.

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