OUR TIME DAILY TRANSLATION
We've heard you say it many times: "Politics is like a foreign language." Well, we agree.
Each week, we summarize, simplify, and interpret different major news stories and how they affect our generation. We'll give you our take, and you can decide for yourself.
· THE PROS:
- Young Americans aged 18-25 can stay on their parents’ health care plans, a provision which has expanded health care to 6.6 million young Americans since 2010.
- By the 2014-2015 school year, more than 3 million students on college healthcare plans will receive more extensive healthcare coverage.
- The legislation also gives medical students the chance to receive up to $120,000 to repay loans through the National Health Services Corps Students-to-Service Loan Repayment Program.
· THE CONS:
- The Affordable Health Care Act has caused some employers to increase the cost of payroll contributions, putting a financial strain on both young Americans and their parents.
- In spite of extended coverage, over 35% of young Americans on health care insurance struggle to pay for medical costs.
WHY WE SHOULD CARE
The Affordable Health Care act has enormous implications for young Americans – we need to monitor the constant fluid changes in the bill so we can best advocate for those provisions that will have the greatest impact on our futures.
OUR TIME OPINON
No matter what reforms are made in health care, medical costs will continue to hound young Americans if half of 18-29 year olds remain unemployed.