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Monday, April 9, 2012

The Affordable Care Act’s Young and Forgotten | 4 Percent

The Affordable Care Act’s Young and Forgotten | 4 Percent: "It is estimated that the number of uninsured, non-elderly Americans after enactment of the new law is 26 million. That leaves 26 million people exposed to this new penalty, and total penalties potentially in excess of $2.5 billion. Undoubtedly, this penalty will be imposed most often on those Americans with incomes too high to qualify for government assistance, but too low to afford health care on their own — in essence, our young, healthy, entry-level working class. They are the forgotten men and women of the 21st century.

In sum, while the Court spends its time mulling over the boundaries of the health-care market and the applicability of the commerce clause, America’s youthful lower-middle class awaits with a hand on their pocketbooks. These forgotten youth are the future, and their successes or failures are a major factor in sustaining the long term growth of this nation. Without them, 4% growth is merely a pipe dream."

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