Fox News proposed that uninsured young adults should reject coverage under the Affordable Care Act (ACA) because they can gain it at any point after an accident to cover medical expenses -- irresponsible advice that could wreak havoc on millennials' financial futures.
Gretchen Carlson hosted Fox contributor Guy Benson on the October 11 edition of her new daytime program The Real Story with Gretchen Carlson to discuss whether young adults will sign up for health coverage on the exchanges. The two repeatedly suggested that "healthy" millennials may pay for coverage "they are not going to need," going so far as to suggest it would be more fiscally responsible for young adults to go uninsured until a major trauma occurs:
BENSON: If they say, 'forget it I'm going to wait, pay the relatively cheap tax and then if I get sick and if I get into an accident, then the insurers have to take me because I have a pre-existing condition,' it just makes more sense to do that --
CARLSON: You just brought it full circle for us.
BENSON: -- from a dollars and cents perspective. I'm not trying to make a political point there, I'm trying to make an economic point. And a lot of people are realizing that.