Obamacare does not have enough young people paying into the system to keep it all from collapsing. So President Obama is making a last ditch effort to shame America’s youth into signing up for Obamacare in these last weeks before the deadline hits.
The President appeared on Ryan Seacrest’s radio show to urge young people to hurry up and get signed on with Obamacare before the March 31 deadline. Fittingly, the very next day after the deadline is April 1, known across the nation as April Fools Day.
On Seacrest’s show, Obama scolded young people for not signing up in sufficient numbers and warned them that if they don’t come out and support him, he’ll have to fine them.
“If you can afford it–you just decide you don’t want to get it because your attitude is ‘nothing’s ever going to happen to me’–then you’ll be charged a penalty,” he told Seacrest.
The President is desperate to get more people under 35 years of age to sign up because it is that age group who will be footing the bills for Obamacare. Millions of young, healthy people who won’t be using the coverage any time soon are need to pay into the system so that the older generation can pull money out without bankrupting the whole thing.
The Obama administration has estimated that it needs some 38 percent of those enrolled and paying premiums to be made up of the important age demographic. Unfortunately for Obama, only about 27 percent of those signed up thus far fit into that age demo.
Experts warn that unless more young people sign up, the current premiums will have to go up for everyone in order to compensate for the lopsided statistics.
Obama is already under fire for his years of claiming that the Affordable Care Act (Obamacare) will actually be affordable. He continually said that premiums would be cheaper than a cell phone bill, but those promises have turned out to be false. And now, if the already high premiums have to go up to compensate for a lack of young enrollees, that lie will only grow in stature.
Speaking of his faltering “cell phone bill” analogy, recently, the President drew criticism when he told a Latino audience at a Spanish language townhall that they should cancel their cell phones and cable bills so that they could pay their expensive new Obamacare premiums.
Finally, Healthcare.gov launched its own scolding campaign with a new ad featuring a stern looking mother figure warning kids that they’d better get covered–or else!