By John R. Graham • Thursday January 14, 2016 9:15 AM PST • 0 Comments
The “slacker mandate” is the provision in Obamacare requiring employer-based health plans to offer benefits to adult dependents of their workers, up to age 26. I have discussed research showing that the mandate reduced work among adults, aged 19 to 26, and increased the time they spend socializing, sleeping, and exercising. What about the financial costs of the mandate? Speak to an insurance agent or benefits consultant and they will tell you the cost are fully borne by working parents. In the old days, employer-based health insurance was offered to workers in three sizes: single, couple, or family. It did not matter how many kids you had. Today, each dependent adds to the premium. So, the “slacker mandate” is paid for by the working parents. That is not really a problem for society.....This bias could have been easily be remedied by a simple change in the tax code, instead of a mandate. The only reason for a mandate would be for politicians to transfer the cost of adult dependents’ health insurance from parents to non-parents, in order to promote a “free” benefit to the parents......
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