Tuesday, November 20, 2012

Health Coverage a 'Gift' to Ourselves

One of the more curious "gifts" in Mitt Romney's list of ways Barack Obama allegedly bought off voters was letting young people up to the age of 26 stay on their parents' health plan. It was a gift, all right, a gift to America.
How so? Consider this finding in a RAND study on whether employer-based health insurance is a barrier to entrepreneurship: The rate of new business formations jumps at or around age 65 (particularly in the month that the person turns 65). What happens at age 65 is that Americans qualify for Medicare.

Read more: http://www.realclearpolitics.com/articles/2012/11/20/health_coverage_a_gift_to_ourselves_116206.html

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