On Thursday, President Obama spoke about health care to 15,000 people packed into the University of Maryland's Comcast Center. It was just the kind of young, liberal crowd that formed the core of his base during the campaign last year. He told the largely student crowd that overhauling health insurance was one of the defining struggles of their generation.
"When you're young, I know this isn't always an issue that you have at the top of your mind," Obama said. "You think you're invulnerable. That's how I thought."
Young people make up one of the biggest chunks of the uninsured: One in three adults under 30 does not have health insurance. And, Obama said, most of them are just one accident or illness away from bankruptcy.
"Nearly half of these young people have trouble paying their medical bills," he told the crowd. "Nearly 40 percent are in debt because of it. I mean, think about adding the debt you already have for college, on top of that, another $10,000 or $20,000 or $30,000 or $50,000 worth of debt because you get sick."
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Atlanta Journal Constitution (blog) - Mar 03, 2010
This is with me living on my own the only thing i get through them is health insurance and car insurance. If they get rid of the guaranteed tuition plan, and more »
As tuitions climb, 'drop-out insurance' gets more attentionThis fall, Niagara offered a Markel policy to Elmira College students and their families for $503 annually. Tuition, room and board there totaled about and more »
There were no HMOs, and most people paid in cash or had limited insurance,” said Mattox, speaking to a group of Wayland science students and faculty members
Don't co-sign on a credit card for your college studentPossibly get marginally lower rates on car insurance and a cell phone plan. But mainly, consumers are likely to be penalized for having a bad score