Obamacare only works if young people show up.
Thats from former President Bill Clinton in a recent MSNBC interview.
Its why Obamacare supporters and government agencies are trying everything from sports advertising to video contests to get young people in the game.
But will those millions of Millennials show up and sign up for health insurance under the Affordable Care Act?
According to our small sampling, the answer would be no.
An entire generation is being turned into a part-time workforce because of Obamacare, said 22-year-old Patrick Richardson, a senior at the University of Toledo in Ohio who considers himself fortunate to have health insurance through his employer.
When you do the math, its cheaper to pay the penalty, but thats not the way the system was designed. It counts on young people enrolling, but young people dont want any part of it, he said.
Several people said they would rather cough up the $95 penalty in the first year for being uninsured than pay hundreds of dollars each month in premiums for Obamacare.
If we werent covered on our parents health insurance, my friends and I would pay the fine rather than pay for the higher cost of health insurance, said Keith Leslie, a 23-year-old graduate student at Florida State University in Tallahassee still covered by his parents health plan.
The penalty for not buying insurance jumps to $700 in 2016.
Monthly premiums under Obamacare will go up for young people in all 50 states, according to a study released Thursday by the center-right American Action Forum. Premiums will average more than $187 per month in 2014, up from $62 per month in 2013, a 202 percent increase, the study said.
In order to offset the high costs associated with insuring the elderly, premiums for the healthiest segment of enrollees, those between the ages of 18 and 49, will need to increase, the American Action Forum found.
But with those kinds of health-care costs, 23-year-old Joshua Trujeque, a senior at the University of New Mexico, says risking going uninsured seems the best option.
Thats why Im very careful, Trujeque said with a laugh.
Paul Winfree, a former policy analyst at the Heritage Foundation, did a video explaining some of the problems young people face in the new age of Obamacare.
But the biggest concern for Millennials is the unknown.
Theres a disconnect right now. Ive talked with quite a few young entrepreneurs, and everybody is feeling the same way, said Brooke Parish, director of the Pulse, the Young Professionals Network in Appleton, Wis., which serves some 200 young professionals in the region.
We dont know enough about it, she said.
For me personally, Im concerned about how much my costs are going to go up, Parish said. Am I going to have to pay more?
Kathryn Watson is an investigative reporter with Watchdog.orgs Virginia Bureau, and can be reached at katie@watchdogvirginia.org, or at 571-385-0773. Will Patrick, Matt Kittle, Chris Butler and Maggie Thurber contributed to this report.
