FOR IMMEDIATE RELEASE:
[WASHINGTON] – In response to a federal appeals court panel ruling that critical tax subsidies under the Affordable Care Act may not be offered in certain states using the federal exchange, Young Invincibles Executive Director Jen Mishory issued the following statement:
“This flawed ruling threatens access to affordable coverage for the 1.5 million young adults across the country who have enrolled in the federal exchange – and millions more who could enroll in the coming months and years. We urge the Administration to appeal quickly.”
There are currently 1,538,352 young adults, aged 18 to 34, enrolled in health coverage through the federal exchange. The average uninsured 25 year-old earns about $17,800 and qualifies for large subsidies to purchase coverage.