RUH ROH: Harvard Study Suggests Youth Are Shunning Obamacare; Fiscal Death Spiral Awaits

Eric Boehm:

Obamacare is striking out with young people — those healthy folks who are suppose to actually make it work.

Young people are perhaps the most important demographic to the success of the Affordable Care Act, but most Americans under 30 are opposed to the law. They particularly dislike the individual mandate that requires them to buy insurance or pay fines in form of higher taxes.

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A new survey from Harvard University found a large majority of young Americans do not believe the law will save them money, do not believe it will improve their health and do not intend to sign up for insurance through the new exchanges.

If that’s all true – particularly the last part – it is very bad news forPresident Barack Obama’s signature policy achievement.

The Affordable Care Act hinges on getting young, mostly healthy people to sign up for insurance. That will help spread out the costs incurred by the older, more expensive enrollees who also will use the system.

This cost-pooling is central to the economics that underpin the law, and if young people decline to enroll, costs for everyone else could skyrocket.

“The data from the survey demonstrates a striking rejection of the ACA by millennials under 30,” wrote John Pulice of the Harvard Political Review, which provided analysis of the survey.

The 2013 Harvard Public Opinion survey included interviews with 2,089 Americans between the ages of 18 and 29. Interviews were conducted between Oct. 30 and Nov. 11, and the poll has a margin of error of 2.1 percent.

The results show many young people are not buying the promises of Obamacare. A mere 17 percent of those polled believe their quality of health care will improve under the Affordable Care Act, while 44 say it will get worse.

But millennials’ views on health care costs are even bleaker.

Only 10 percent of those surveyed said the ACA will decrease their health care costs, with 50 percent saying it will increase their costs and 36 percent expecting their costs to stay the same, according to the Harvard poll.

Of those surveyed, only 20 percent said they plan to enroll in a health care plan through an exchange, while 47 percent said they would not enroll.

Elise Wilkinson, a 25-year-old who recently graduated from Quinnipaic Law School in Connecticut, said her biggest worry about Obamacare is the uncertainty of everything. She’ll be off her parents’ health plan in less than a year and expects to see high premiums.

“I also see a lot of friends around my age who are seeing their plans go up in cost while either adding nothing or requiring add-ons they don’t want or need,” she told Watchdog.org. “It makes me foresee high costs in my future.”

With young people being such an important demographic for Obamacare’s success, both sides have focused outreach efforts on millennials.

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