Millennials Overwhelmingly Avoiding Obamacare

Patrick Christopher | BHM Healthcare Solutions | February 3, 2014

Many choosing to pay penalty rather than enroll

To date, less than 25 percent of all Obamacare enrollees are between the ages of 18 and 34. Why does this matter? To be financially viable, the still-faltering national healthcare plan needs America’s youth to start paying up. Now. If this doesn’t happen, the consequences for Obamacare could be dire.

Robert Zirkelbach, a spokesman for America’s Health Insurance Plans, explains that “the more young, healthy people participating, the more stable the marketplace will be, and the more affordable coverage will be.”

Even former President Bill Clinton agrees with this premise, stating that Obamacare “only works, for example, if young people show up. We’ve got to have them in the pools, because otherwise all these projected low costs cannot be held if older people with preexisting conditions are disproportionately represented in any given state.”