Cheap Car Insurance for Young Drivers
The invincible generation seem bulletproof from a medical standpoint, as today's Sun reports . But they're hardly invincible financially. We need comprehensive health coverage. The plan offered by Obama and other Democrats should be passed in some form. A health-insurance "mandate" requiring everybody to be covered has to be part of such a plan. But if everybody is required to have health insurance as they now have to have car insurance, the result will be this: The burden imposed by older Americans on younger Americans will immediately become heavier, and that's only the latest of what today's young adults and their successors will have to put up with.
Young people have been supporting old people forever, of course. Before the coming of social insurance in the 20th century, new generations were expected to support their aged parents and grandparents. The old people who started collecting Social Security benefits starting in the 1930s were free-riding on the backs of young generations who were financing the program. Young people have been paying for old-folks' health care via Medicare since the 1960s.
A health-insurance mandate would advance the process. Young people would be required to buy policies for thousands of dollars or pay a penalty of hundreds of dollars. But young people don't get sick much. Their money would be spent on the people who do -- folks in their 50s and early 60s. Add to that the Medicare premiums that every working young person pays to finance expensive care for seniors. Add to that the Social Security premiums they're also paying. Add in the enormous deficits that the nation is incurring to pay for Medicare and Social Security and wars -- debts that young people will inherit when they become older taxpayers. Add to that the fact that, when today's young adults get older and need care, the nation won't be able to afford the kind of health benefits available today, and maybe not the same Social Security benefits, either.
...www.GetInsuranceFacts.com Looking for young drivers car insurance? Here are some common myths about auto insurance. People that live in a city pay ...
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