Young Invincibles Applauds Covered California’s Strong End to First Open Enrollment

FOR IMMEDIATE RELEASE:
April 17, 2014

Contact: Riana King, riana.king@younginvincibles.org, 213.221.7326

Young Invincibles Applauds Covered California’s Strong End to First Open Enrollment

Young Adult Enrollment in Covered California Health Plans and Medi-Cal Greatly Exceeds Expectations

[LOS ANGELES, CA]—Today Covered California announced that over 3.3 million Californians have gained coverage under the Affordable Care Act. Nearly 1.4 million have enrolled in private health plans and over 1.9 million in Medi-Cal. With this final surge over the past few weeks, young Californians ages 18 to 34 represent 29 percent of private plan enrollees and 36 percent of those who gained free Medi-Cal coverage.

“We are thrilled with the tremendous outreach and enrollment effort on the part of Covered California and all of our community partners to help over 1 million young adults enroll in coverage,” said Linda Leu, California Research and Policy Director at Young Invincibles. “This new access to health insurance provides critical economic security for young people struggling to pay rent, start careers, and manage student debt.”

“This isn’t the end of enrollment for young Californians. Medi-Cal enrollment is open year round, and as outlined in our new report, young people are more likely than any other age group to qualify for special enrollment periods triggered by life events like graduating, having a baby, and getting married. Young Invincibles looks forward to working with Covered California and our partners to ensure that young people are informed of these ongoing opportunities.”

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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Young Invincibles’ Statement on 8 Million Americans Gaining Coverage Through ACA Exchanges

FOR IMMEDIATE RELEASE:

April 17, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

Young Invincibles’ Statement on 8 Million Americans Gaining Coverage Through ACA Exchanges

35 Percent of Enrollees Under 35

[WASHINGTON]—This afternoon, the White House announced that 8 million Americans enrolled in Qualified Health Plans through the Affordable Care Act’s health insurance marketplaces. Additionally, the White House announced that 28 percent of enrollees were between the ages of 18 and 34, and 35 percent of enrollees are under the age of 35.

“This law is delivering on the promise of coverage and economic security for young people across the country,” said Jen Mishory, Executive Director of Young Invincibles. “Millions of young adults have enrolled in plans on the Marketplaces, enrolled in Medicaid or gotten coverage on their parents plan thanks to the ACA. Our work is not done—millions more could be eligible for coverage during special enrollment periods throughout the year.”

Yesterday, Young Invincibles released a report on young adults and special enrollment periods. The report found that young adults are significantly more likely to qualify for 60-day special enrollment periods—allowing them to get covered outside of the traditional open enrollment period—than their older counterparts.

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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US to Make $127 Billion Off the Backs of Students

FOR IMMEDIATE RELEASE:

April 15, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

Young Invincibles’ Statement on New CBO Report Finding US Will Make $127 Billion In Profit Off of the Student Loan Program

Student Loan Borrowers Hold Over $1.2 Trillion in Debt as Tuition Costs Continue to Soar

[WASHINGTON]—Yesterday, the Congressional Budget Office released its latest 10-year economic outlook, which found that the federal student loan program will generate $16.2 billion in additional revenues for the government in the current fiscal year and $127 billion over the next 10 years.

Jen Mishory, Young Invincibles’ Executive Director, released the following statement on the new report:

“With borrowers already struggling under mounting student loan debt, the last thing the government should do is treat our young people like cash cows and earn hundreds of billions of dollars off this generation. The CBO report shows that the government is profiting off students at a time when tuition and debt levels are skyrocketing. Borrowers are being forced to choose between paying student loans and making major life purchases like buying a car or a home. Enough is enough. Young people want to contribute to the economy, but policies like this one make it more difficult to afford college and earn a decent living.”

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo. Follow us on Twitter at @YI_Care.

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Young Invincibles Names Jen Mishory New Executive Director

FOR IMMEDIATE RELEASE:

April 15, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

Young Invincibles Names Jen Mishory New Executive Director

Replaces Co-Founder Aaron Smith as Executive Director

[WASHINGTON]— Young Invincibles’ Board of Directors has unanimously endorsed and appointed Jen Mishory to succeed group co-founder Aaron Smith as Executive Director of the national policy, advocacy and mobilization organization for 18- to 34- year olds.  Mishory assumes her new position after serving as Deputy Director of Young Invincibles since the organization’s founding in 2009. Mishory oversaw Young Invincibles’ growth from a volunteer organization formed in a law school cafeteria to a national organization with nearly 50 paid staff and offices in Chicago, Houston, Los Angeles, New York, San Francisco, and Washington. Mishory’s responsibilities have also included leading the policy, research, communications, and outreach staff at Young Invincibles.

“We are incredibly excited to announce Jen Mishory as the new Executive Director of Young Invincibles,” said Matt Singer, Board Chair of Young Invincibles. “Jen’s leadership, vision, policy smarts, and management skills will help to take Young Invincibles to another level in our ability to create real change for young adults.”

“It has been a great honor and privilege to build Young Invincibles and help my generation gain a voice on issues ranging from health care to employment to higher education, all of which are so critical for our future,” said Aaron Smith, Senior Strategic Advisor of Young Invincibles and President of the new non-profit, YI Advisors. “Jen’s talent and passion for this work make her the perfect choice to take Young Invincibles to the next level as our new Executive Director.” Smith’s new venture, YI Advisors, is an affiliated non-profit consulting organization providing strategic advice to mission-aligned clients on how to engage young adults.

“We are close to the five-year mark since Young Invincibles set out to provide a voice for our generation in the health care reform debate,” said Jen Mishory, Executive Director of Young Invincibles. “In that time, our organization has added higher education and jobs to our agenda, grown to include five regional offices so we can make a direct impact in key communities, and become a go-to for policy analysis and solutions for young adults.  Every day we learn more about how to engage this generation in helping realize the change we need.  I’m thrilled to help lead this impressive and dedicated staff as we face new challenges.”

Mishory has delivered expert testimony in front of Congressional committees in both the House and Senate, served as the lead consumer advocacy negotiator for the Department of Education’s 2012 negotiated rulemaking on student loans, was an inaugural member on the Consumer Financial Protection Bureau’s Consumer Advisory Board, and represented young consumers on the National Association of Insurance Commissioners.

Mishory is a leading communicator on issues important to the Millennial generation, including health care, higher education, jobs, and the economy. Mishory routinely appears in top media outlets, including The New York Times, The Wall Street Journal, The Washington Post, Politico, MSNBC, CNN, PBS, and National Public Radio.

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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Young Invincibles’ Statement on HHS Secretary Kathleen Sebelius’s Resignation

FOR IMMEDIATE RELEASE:

April 10, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

Young Invincibles’ Statement on HHS Secretary Kathleen Sebelius’s Resignation

[WASHINGTON]—Today, Department of Health and Human Services Secretary Kathleen Sebelius announced her resignation. Sebelius has served as Secretary of the Department of Health and Human Services since the beginning of the Obama Administration and has overseen the passage and implementation of the Affordable Care Act.

“From her days as Kansas Governor to her service as Secretary of the Department of Health and Human Services, no one has been a more steadfast champion on behalf of the uninsured than Secretary Sebelius,” said Aaron Smith, Executive Director of Young Invincibles. “She was a driving force behind the greatest expansion of health care coverage in the United States since the 1960s.  We look forward to working with the Secretary’s successor to make good on that promise of quality, affordable health care for all Americans.”

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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Young Invincibles Hails Bill to Expand Apprenticeships, Connect Young Adults to the Workforce

FOR IMMEDIATE RELEASE:

April 9, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

Young Invincibles Hails Introduction of Booker-Scott LEAP Act to Expand Apprenticeships, Connect Young Adults to the Workforce

Youth Unemployment Rate Is More Than Twice the National Rate

[WASHINGTON]—Today, Senators Cory Booker (D-NJ) and Tim Scott (R-SC) introduced the Leveraging and Energizing America’s Apprenticeship Programs “LEAP” Act, a bill designed to combat chronic, high young adult unemployment by incentivizing employers to increase the number of apprenticeships available to young people. The LEAP Act would specifically target relief for the young unemployed by granting companies a $1,500 tax credit for hiring new registered apprentices under 25 and a $1,000 tax credit for those 25 and older. It also rewards companies with existing apprenticeship programs if they expand them, particularly to those under 25.

“Making sure that young people have the skills they need to succeed in their careers is key to driving down youth unemployment and maximizing their economic opportunities,” said Rory O’Sullivan, Policy & Research Director of Young Invincibles. “Apprenticeships do just that. We know that youth unemployment costs every American, so we applaud Senators Booker and Scott for working across the aisle to combat this profound crisis.”

Earlier this year, a new report from Young Invincibles found that high youth unemployment costs federal and state governments—thanks predominantly to lost tax revenue—over $25 billion annually, representing an average annual cost of over $171 per taxpayer.

According to the March 2014 Bureau of Labor & Statistics labor report, the seasonally adjusted unemployment rate for 16 to 24 year-olds is 14.5 percent, whereas the national unemployment rate is 6.7 percent. The report also found that the unemployment rate among young black workers is a staggering 23.6 percent (non-seasonally adjusted).

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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Young Invincibles’ Statement on March 2014 Jobs Report

FOR IMMEDIATE RELEASE:

April 4, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

Young Invincibles’ Statement on March 2014 Jobs Report

Young Unemployed Continue to Be Left Behind Despite Broader Job Gains

[WASHINGTON]—As the national unemployment rate remained at 6.7 percent and the economy added 192,000 jobs in March, the unemployment rate for 18 to 29 year-olds dipped slightly to 10.9 percent from 11.4 percent in February (not seasonably adjusted). For younger workers, ages 16 to 24, the unemployment rate increased marginally to 14.5 percent from 14.4 percent in February (seasonally adjusted).

Jen Mishory, Deputy Director of Young Invincibles, released the following statement on this month’s jobs report:

“Young adults continue to face unemployment rates twice the national average, so cuts like those proposed in the House Budget Committee’s FY2015 budget undermine our generation’s chance at getting a job and climbing the ladder of economic mobility. We need solutions that invest in young people and connect them to the workforce, like increasing apprenticeships and an expansion of AmeriCorps.”

Here is more information on how different populations of young people fared in February 2014:

* The unemployment rate for Black young adults ages 16 to 24 in March is 23.6 percent compared to 23.5 percent in February (not seasonally adjusted).

*The unemployment rate for young men ages 16 to 24 in March is 16.0 percent compared to 16.1 percent in February (not seasonally adjusted).

*The unemployment rate for young Latino young adults ages 16 to 24 in March is 13.8 percent compared to 15.7 percent in February (not seasonally adjusted).

*The unemployment rate for young women ages 16 to 24 in March is 12.9 percent compared to 12.6 percent in February (not seasonally adjusted).

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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Ryan Budget Is Bad for Young Adults

FOR IMMEDIATE RELEASE:

April 2, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

FY2015 Ryan Budget Is Bad for Young Adults

Cuts to Health Care, Higher Education, and Job Training Programs Would Threaten Young Adults’ Economic Security

[WASHINGTON]— Yesterday, the House Budget Committee released its fiscal year 2015 budget proposal. The House Budget Committee’s largely symbolic proposal slashes funding for Pell Grants, repeals the Affordable Care Act, and eliminates programs that help young adults bounce back after the Great Recession.

Jennifer Mishory, Deputy Director for Young Invincibles said, “This budget proposal would eliminate some of the most significant protections for young people. In an economy where many young adults are desperate for economic stability, this budget builds barriers between young adults and their ability to get back to work, pay for college, and afford health care.”

Specifically, the House Budget Committee’s FY2015 budget:

  • Repeals the Affordable Care Act and turns its back on the over 9 million Americans that have been able to get covered thanks to the law’s dependent coverage, Medicaid expansion, and cost support provisions.
  • Removes mandatory funding for Pell Grants and freezes them for 10 years;
  • Eliminates AmeriCorps and other volunteer service programs, which have helped many young adults launch their careers by helping their communities;
  • Weakens job training programs for young adults, at a time when unemployment numbers remain severely high for our generation;
  • Warps the way that the government accounts for federal student loans by adding accounting penalties for lending to students and families.

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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Young Invincibles Endorses Earned Income Tax Cut Expansion, Bringing Needed Relief to Young Workers

FOR IMMEDIATE RELEASE:

April 1, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

Young Invincibles Endorses New 21st Century Worker Tax Cut Act

Legislation Would Bring Needed Relief to Young Workers Struggling to Evade Poverty

[WASHINGTON]—Today, Young Invincibles announced its support for the 21st Century Worker Tax Cut Act, a bill introduced last week by Senators Patty Murray (D-WA), Jack Reed (D-RI), and Sherrod Brown (D-OH). The deficit neutral 21st Century Worker Tax Cut Act would nearly triple the Earned Income Tax Credit (EITC) available to childless workers, expand the eligibility range to 133 percent of full-time earnings at the federal minimum wage, and lower the qualifying age from 25 to 21. The bill would also include a new tax deduction for secondary earners looking to re-enter the workforce but facing high child care costs.

Jennifer Mishory, Deputy Director of Young Invincibles, released the following statement on the legislation:

“The Earned Income Tax Credit has already been a powerful tool to reduce poverty among low-income young workers and to provide the means for young parents to provide a brighter future for their children.  This bill’s welcome improvement to the EITC ensures that expanded benefits are available to childless workers, many of whom are young and trying to build their lives.  It also ends the unfair exemption of workers under 25 – workers who are often struggling the most with low wages, underemployment, and financial insecurity.  The proposal outlines a major step to lift countless young workers out of poverty and protect those workers during times of financial struggle.”

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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Young Invincibles Cheers Nearing of 7 Million Exchange-Based Enrollments Milestone

FOR IMMEDIATE RELEASE:

March 31, 2014

Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913

Young Invincibles Cheers Nearing of 7 Million Exchange-Based Enrollments Milestone

Despite Early Technical Malfunctions, Number of Exchange-Based Enrollment Signups Projected to Reach Original CBO Projection Target

[WASHINGTON]—This evening, the Associated Press reported that enrollments were on track to reach about 7 million consumers on the Affordable Care Act’s health care exchanges. The Congressional Budget Office initially estimated that 7 million Americans would enroll through the Affordable Care Act’s health insurance exchanges by the end of the first Open Enrollment period. After significant technical malfunctions at the time of the launch of the insurance exchanges, the CBO released a new estimate of 6 million sign ups by March 31, 2014.

Jennifer Mishory, Deputy Director of Young Invincibles, released the following statement:

“Over the past few days, we’ve seen an amazing surge in enrollment. Millions have signed up for quality coverage, coverage which cannot be dropped when people need it.  Millions have greater consumer protections than ever before. And no one can be discriminated against based on health status. But as the final consumers complete their application during this open enrollment period, our work still is not done.  We will continue our education efforts as young adults, who are more likely to experience a qualifying life event, get access to the quality, affordable coverage they need during special enrollment periods.”

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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