The Sunshine Economy: Meet The Invincibles
The invincibles is a catch-all description of young adults, generally healthy, but who are living without health insurance.
This group is one of the particular targets of the Affordable Care Act's individual mandate, taking effect on January 1, 2014. By requiring most Americans to have health insurance, the strategy is to attract young and healthy people to help spread the risk of insuring older and sicker people.
Eddie Escobar likes the ACA but he has no plans to get health insurance. If he doesn't have coverage by the first of the year, he would face a tax of one percent on his income or $95, whichever is higher. For Escobar, like many young adults, the fine is much cheaper than paying for health insurance, even after figuring the subsidized insurance rate under the law.
Kwami Livingston and Jersey Garcia don't have insurance but both hope to get it. However, they don't want to spend a lot of money and they may have difficulty finding the level of coverage they want at a price they want to pay.
WLRN's Sunshine Economy spoke with these three uninsured South Floridians (among the estimated one million in the region without insurance) on the eve of today’s open enrollment in the federally-run, state health insurance exchange.