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  • Health Insurance Exchanges Waste Taxpayer Money September 29, 2014
    Obamacare may surpass Cash for Clunkers to become the prime example of federal taxpayer resource mismanagement. For every dollar in premiums for exchange coverage, taxpayers paid 94 cents in subsidies to either enroll people or encourage them to do so. …
  • Mesothelioma: An avoidable cancer? September 26, 2014
    by Sue Redmond Did you know? Mesothelioma is an aggressive cancer that attacks the lining of the body cavity called the mesothelium (80% of which occur within the lining of the lungs). The only known cause to mesothelioma is exposure …
  • Government Healthcare is Breech of Contract September 24, 2014
    by G. Keith Smith, MD One of the smartest people I have ever met is a property and contracts lawyer, someone from whom I have gleaned countless and valuable insights over the years.  He has advised me, among other things, …
  • Dr. Alieta Eck Campaign Update September 24, 2014
    Dr. Eck http://EckForCongress.com speaks to colleagues at AAPS 71st annual meeting on September 5, 2014.
  • Is There A Provider In The House? September 22, 2014
    by Marilyn Singleton, MD, JD Physicians have a proud heritage. We can boast Dr. Benjamin Rush, a founding father, signer of the Declaration of Independence, Surgeon General of the Continental Army, and opponent of slavery. And Dr. James Derham, born …
  • From EBM to Guidelines September 20, 2014
    Richard Amerling, MD presents at the 71st Annual Meeting of the Association of American Physicians and Surgeons, September 5, 2014.
  • Flaw In Federal Software Lets Employers Offer Plans Without Hospital Benefits September 19, 2014
    A flaw in the federal calculator for certifying that insurance meets the health law’s toughest standard is leading dozens of large employers to offer plans that lack basic benefits such as hospitalization coverage, according to brokers and consultants. The calculator …
  • Ralph Weber Talks About Cost Shifting – Video September 17, 2014
    How do hospitals come up with their prices? Medicare patients cause them to lose money. They have to make up the difference by charging the self-insured more. Non-profit hospitals keep beds vacant or build other facilities so as not to …
  • Here’s The Thing #4 Cost Shifting HD September 17, 2014
  • The Commoditization of Medicine September 17, 2014
    Parvez Dara, MD, FACP, MBA, author of http://jedismedicine.blogspot.com/, speaks at the AAPS 71st Annual Meeting in Charleston, SC.
  • The Progressive Train Wreck: From Medicare to HillaryCare to ObamaCare September 15, 2014
    Jane M Orient, MD presents at the AAPS 71st annual meeting, September 5, 2014, Charleston, SC.
  • Varying Prices for Lab Tests are Absurd September 15, 2014
    by Adrienne Snavely The health needs of a community vary by market. If you cannot find what you need or afford it, you should have the opportunity and information to go elsewhere without being penalized. A patient in Chicago went …
  • The Future Of Medicare September 14, 2014
    Lawrence R. Huntoon, MD, PhD presents at the 71st Annual Meeting of the Association of American Physicians and Surgeons, September 6, 2014, Charleston, South Carolina.
  • Unethical ABMS behaviors and the MOC Scam: How It Will Be Used to Control Medical Practice September 13, 2014
    Paul Kempen, MD, PhD presenting at 71st annual meeting of AAPS, September 6, 2014, Charleston, SC.
  • How is that low fat diet working out for you? September 12, 2014
    by Sue Redmond First, let’s ask where did the idea for the low diet come from? In the late 50’s and early 60’s the AMA worked on a theory and published a report that a low fat diet could help …
  • EHR: Remote Control – Craig M. Wax, D.O. September 12, 2014
    Dr. Wax of http://ip4pi.wordpress.com examines how government-controlled electronic health records undermine quality medical care and patient privacy. Presentation at 71st Annual AAPS Meeting Sept. 4-6, 2014.
  • Evidence-Based Medicine as Junk Science — Twila Brase RN September 11, 2014
    Twila Brase, President of http://CCHFreedom.org outlines how so-called evidence-based medicine (EBM) encourages one-size-fits-all healthcare, is a tool for increased control by insurance companies and the government, and is detrimental to individualized patient care.
  • What ObamaCare Means for Patients September 11, 2014
    Kris Held, MD addresses the 71st Annual Meeting of the Association of American Physicians and Surgeons, September 4, 2014 in Charleston, SC.
  • Private Health Care is Individualized Care, Not Public Health — Richard Amerling, MD September 10, 2014
    AAPS President-Elect Richard Amerling, MD opens the 71st Annual Meeting, Sept. 4, 2014, Charleston, SC.
  • Come Together – The Kidney Stones September 10, 2014

How Obamacare Affects Students: What You Need to Know

There are endless ways Obamacare affects college students, as it does everyone else. I’m just going to talk about a couple that affect college age students specifically. Many college students will be dropped altogether from their parents’ health insurance plans because employers don’t want to be pay for their employee’s dependents for an extra seven years, now that they can stay on until they are 26. Another way that college students will be affected is that their premiums will go up due to a provision in Obamacare that says that a senior citizen’s premium can’t be more than two and a half times a young person’s. Essentially, the youth of the nation will be footing the healthcare bill of the senior population since senior citizens use health care so much more than young people.

For a more detailed explanation….

College students are being led to think that Obamacare is a good thing, especially for them. They are, however, being very mislead and manipulated about that fact. The provisions of Obamacare that are supposed to be the “good ones” for college age students have been unveiled before the election, while the bad ones will start next year. This makes for much more favorable voting for Obama. I will discuss a “good” provision that is already in effect and a lesser known and less favorable provision that goes into effect in 2014, after the election.

One of the main “good” provisions that college students hear about is that they can stay on their parents’ insurance plan until they are 26. Although sold as a good thing, a provision that will expand care for people 26 and under, the actual truth of the matter is a bit different. If you get married, you get kicked off the plan, which discourages young adults from getting married, getting a job, and getting their own benefits. That is just a “soft” issue, however.

This biggest issue with this provision is that employers on average pay about 75% of an employee’s premium and a certain percentage for their employee’s spouse and children. Before, when you were enrolled in college full-time, you were allowed to stay on your parents’ plan until you were 23 because you were really still a dependent. If you weren’t a full-time student, you were dropped off your parents’ plan at 19. Now suddenly with Obamacare there are seven more years you can stay on your parents’ plan, without even being in college. This provision kicked in during January 2011. January is the time employers renew their healthcare plans. When the provision kicked in, they were told it wasn’t going to increase costs very much. As 2011 passed by, however, many “children” who had been kicked off their parents’ plan years ago “jumped” back on. Therefore, employers have been and continue to see their costs rise. Starting this past January 2012 many employers have been deciding to no longer pay for their employees’ dependents. This, in turn, has led to many people dropping their children off their plans. This trend has just begun, and we usually see trends reported about a year late. It was sold as a good benefit, but it has raised employer costs too much, causing dependents to be dropped altogether.

As far as premiums go, there is a difference between a 24 year old’s premium and a 64 year old’s premium of about eight times because young people use less benefits. So if the 24 year old is paying $50, the 64 year old is paying about $400. A provision in Obamacare now says the difference between them can only be two and a half times, as opposed to eight times. They, of course, are not going to bring down the 64 year old’s premium, so they’ll raise the 24 year old’s premium instead. Therefore this provision will cause premiums to rise. Essentially, the youth of the nation will be footing the healthcare bill of the senior population since senior citizens use health care so much more than young people. This provision, which the government knew would be viewed negatively, doesn’t kick in until 2014, after the election.

What healthcare needs is less government intervention, not more. We need to allow the free market to do what it does best.



At MediBid, we restore market forces to medical care. Doctors get to set their own rates based on their training, experience, and outcomes, and patients get to shop for medical care across state lines and international borders. Many times with MediBid, you will find procedures that are more effective than procedures allowed, or covered by health plans. Transparency and competition are the only way to achieve reasonable costs. Many of our employer clients offering group health insurance through MediBid save $5,000 per employee per year. Those are substantial savings. Patients are saving an average of 48% vs. insurance discounted rates, or 80% vs. retail. Contact us for more information.
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