27 Nov 2013 Hogberg Explains ObamaCare Subsidy Problem on Fox News
On the 11/27/13 edition of “Special Report” on the Fox News Channel, National Center health care policy analyst Dr. David Hogberg explains how much-hyped ObamaCare subsidies for young people are not likely to live up to expectations — casting a pall over the overall chances of success for the big government scheme.
Most economic experts deem it necessary for young, healthy people to sign up for ObamaCare in large numbers rather than choose to instead take a penalty and not seek coverage under the government plan. Their contributions are considered to be vital toward paying for the costs of older, sicker enrollees. But Jim Angle, the Fox News Channel’s chief national correpondent, suggests in his story that the notion of subsidies for the young as a means of encouraging them to join may be nothing more than a pipe dream.
In referencing the work of the National Center’s Hogberg, Angle said that “new research [is] calling into question how much subsidies will dull the pain” of ObamaCare costs.
In particular, speaking about how the high deductibles and premiums will cause young people to flee ObamaCare in droves, Hogberg said:
It’s one more “incentive” that this law creates to discourage young and healthy people from signing up for insurance.