Do you think that insurance for a 60 year old is 3x as expensive as a 30 year old for health care? The government MANDATES that to be the case. Who do you think pays for that?
Obamacare mandates that a 64 year old get charged no more that 3x a 27 year old.
Employers. Or the government - via subsidies. And the insureds themselves.
Have you considered that many millennials are OK with paying more if it means everyone is taken care of? People don't always vote for policies that benefit solely themselves.
So that's why they vote for policies that exclusively benefit Boomers. Gotcha!
Have you considered that maybe Millenials just don't understand how money and taxes work?
I was talking to my friend the other day that lives in California and didn't know what Prop 13 was. He was a state champion debater in California but didn't know how property taxes worked in the state. I was shocked. If that's the slightest indication - most millennials have absolutely no idea how money and taxes work.
I've talked to friends about zoning, depreciation laws, capital gains taxes, backdoor Roth laws ect. They don't even have a clue.
And I would disagree with the "exclusively" part of that sentence. I've already shown you how millennials benefit from Obamacare. Your note about young people subsidizing over-60s is a red herring. Over-65s are already on Medicare and it's pretty good. Why wouldn't millennials want that for themselves?
Most people don't understand taxes and money - this isn't specific to any particular age group. And frankly, as I've opined elsewhere on this site, retirement savings laws particularly are overly complicated for nearly everyone.
Actually you didn't. Pointing out a single feature that benefits them while ignoring all the others is not a cost benefit analysis.
> Your note about young people subsidizing over-60s is a red herring.
And this a straw man. Actually, no - its wrong.
I worked on Obamacare for 2 years. I think it's a decent law a vacuum. I can't possible pretend its good for young people. It's good for my 60 year old aunt who has diabetes who thinks she pays too much for insurance but actually is getting the deal of a century considering how much health care costs.
Obamacare did little to slow health care spending (another long story) but it did work to spread the costs around - mostly to young people.