Everybody predicted this one. But Obama's backward logic said that forcing young healthy people into the system would lower premiums/costs? The one thing he's been all too happy to trumpet about how great this dog pile is will actually cost people more money.
The government says letting young adults stay on their parents' health insurance until they turn 26 will nudge premiums higher for employer plans.
The coverage requirement, effective later this year, is one of the most anticipated early benefits of President Barack Obama's new health care law.
The Health and Human Services department says in an estimate released Monday that the benefit will cost $3,380 for each dependent, raising premiums by 0.7 percent in 2011 for employer plans. Some 1.2 million young adults are expected to sign up, more than half of whom would have been uninsured.