Obamacare Poll at Yahoo about buying insurance or taking the penalty.

[GreenPartyVoter]

Down on right-hand side of page. http://finance.yahoo.com/blogs/the-exchange/obama-overlooked-10-million-americans-could-lose-health-185034418.html

"If you're 26 or older and your health insurance is about to double because you're not insured through your job, what would you do?"

Take the penalty.

Buy insurance now anyway.

Wait until I got sick to buy.

[gopiscrap]

1. interesting

[NYC_SKP]

2. I saw the results, shame on them!

POLL

If you're 26 or older and your health insurance is about to double because you're not insured through your job, what would you do?

Take the penalty (40710)
46%

Buy insurance now anyway (15380) - your vote
17%

Wait until I got sick to buy (31951)
37%

[GreenPartyVoter]

7. The only ones I would forgive for not buying now are the people who honestly can't afford it. I

hope that is not very many of them.

[ProdigalJunkMail]

3. there is something I am not understanding

isn't there a standard 'open enrollment' period like with any other health insurance? I mean, if you opt NOT to buy coverage and go for the penalty and then you're diagnosed with some significant illness in JAN or FEB, you cannot go onto the exchange and buy a policy until the next 'open enrollment' period???

maybe i have misunderstood...

sP

[NYC_SKP]

4. I believe so. If you choose not to purchase ACA or take the penalty and get sick.

You will, and you should, go into debt and be held responsible for the all of the costs.

[ProdigalJunkMail]

5. that's what I thought

though I have seen no confirmation of this (no, I haven't read the whole ACA). but the people saying 'i'll wait til i get sick' are really making a terribly stupid decision... hopefully someone explains the dangers to them...

sP

[GreenPartyVoter]

6. I was also thinking the same thing.

[seveneyes]

20. Compassion, and the lack thereof

It's not like the ACA has a legacy yet to declare it the holy grail of salvation. I wonder what other edicts deserve such cold, hard knocks in life? Drugs? Bad luck? Riding a bike sans helmet? If you choose/deny "X", you get what's coming to you?

The ACA is too new to be the shibboleth some are proclaiming it to be.

[johnd83]

8. Yahoo finance is pretty right wing

Most of the idiots voting probably have employer insurance.

[GreenPartyVoter]

17. I've noticed most of the news is pretty RW there now.

[Lifelong Dem]

9. Since it's a lot less than cobra...

Lousy framing. If you're 26 or older and your health insurance is about to double because you're not insured through your job, but this insurance is less than half of what you would pay for cobra, what would you do?

[GreenPartyVoter]

14. Being Yahoo, it makes perfect sense to frame it that way. They've been sliding

further and further into the RW realm for a while now.

[Demo_Chris]

10. Leading, but interesting question...

In any case we will know the REAL answers soon enough.

[GreenPartyVoter]

16. Yep.

[DonCoquixote]

11. simply this

a bunch of people think "that'll never happen to a good person like me."

Famous last words, and the graveyards are full of people who thought they were immortal in their 20's.

[GreenPartyVoter]

15. This is very true. I wonder, though, how many participants are actually 26.

[Nuclear Unicorn]

18. Most younger adults don't want massive amounts of expensive (to them) coverage.

And statistically speaking they're safe with just catastrophic coverage. The ACA admits as much because it relies on them to pay premiums for services they overwhelmingly won't utilize so more money will be in the pool for the older and/or sicker members.

The penalty being as low as it is in comparison to substantially higher insurance costs acts as an incentive to effectively become a tax protester. Except now insurance companies won't even collect for catastrophic plans and the (very little ) amount collected from the penalty will go to the IRS. The loss of revenue will be shifted to current policy holders...which will push more people out of the market. It could become a death spiral for insurance and the GOP will be waiting with their ad campaign to exploit it.

[Motown_Johnny]

12. Anyone who's insurance cost will double is making far more than most 26 year olds.

It is a crap poll.

Maybe:, "If you are unmarried with no children making over $50,000.00 a year and your health insurance cost is about to double...."

[GreenPartyVoter]

13. It's Yahoo. What else can we expect?

[Nuclear Unicorn]

19. It more a question of

What are my odds of getting sick vs. the cost of a policy with or without a subsidy vs. the cost of the.tax penalty. Is it gambling? Yeah, but Las Vegas makes billions every year offering substantially crappier odds. People will take the gamble and the policy holders will have to make up the difference.

[Puzzledtraveller]

21. ACA cannot change behavior

and that is the real problem. It may encourage some people to finally take action for themselves and get covered but I honestly believe a lot of people just cannot be bothered.