Friday, July 5, 2013

Social Disobedience On A Grand Scale; "Opt Out" -- The Nice Way To Say "Shove It"

"Opt out."

With the president's decision to delay the employer-mandate statute of ObamaCare, I started blogging about "social disobedience on a grand scale." It will be interesting to see when mainstream media starts to use the same phrase.

The mainstream media is coming close. The AP reports that insurance companies are worried that young people will opt out. Insurance companies in California have already telegraphed what their internal numbers show. The two largest health insurance companies in California will get out of the the business of insuring individuals.

From the AP today, out of Miami:
Dan Lopez rarely gets sick and hasn't been to a doctor in 10 years, so buying health insurance feels like a waste of money.
Even after the federal health overhaul takes full effect next year, the 24-year-old said he will probably decide to pay the $100 penalty for those who skirt the law's requirement that all Americans purchase coverage.
"I don't feel I should pay for something I don't use," said the Milwaukee resident, who makes about $48,000 a year working two part-time jobs.
Because he makes too much to qualify for government subsidies, Lopez would pay a premium of about $3,000 a year if he chose to buy health insurance. 
Without the young, healthy, non-pregnant men and women not signing up for ObamaCare the program is dead. There will simply not be enough money to subsidize the millions of new folks signing up -- older folks with long list of medical ailments and pre-existing conditions. 

Dan Lopez will be fined $95 of 1% of his annual taxable income (whichever is more). Health insurance would easily cost $3,000/year. This is not rocket science.

And, oh by the way, if Dan does get sick, he can always sign up for ObamaCare later. 

Opt out. Shove it. Civil disobedience. It's all the same.

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