More than 2.5 million adults younger than 26 have stayed on heir parents health insurance plans because of a provision (Affordable Care Act) in last year’s health care. Being a young adult isn’t as fun as it sounds especially in today’s society. If you’re between the ages of 18-26, then you know how tough it can be to get health insurance of your own but thanks to the provision, the percentage of young adults that are insured raised from 66.7% to 71.9% in just 9 months. When comparing the rise in coverage to insured adults ages 26-35, which remained the same, it’s very clear the increase is because of the new law.
You must be wondering why is it that the young adults can’t get insurance coverage of their own? It’s because they tend to have low-paying jobs with few benefits and only a few out of many get good jobs that offer them good health insurance. Another reason to why young adults are less likely to get insured is because they think they’re indestructible and don’t need insurance until it’s too late.
Without coverage, young adults – as well as most uninsured people – would delay routine care until medical conditions; illness or injuries worsen, and then seek health care in expensive hospital emergency rooms, but thanks to the new law, that is no longer the concern for most. The health care law also ends the practice of denying children insurance because of preexisting conditions, and by the time today’s 19 year old reaches 26, that rule will have been enacted for adults as well.
If you would like to add your child to your health policy, give us a call at 860 684 2721 or visit our website for more information.