Up to One in Three Young Adults Could Get Hit by AHCA Continuous Coverage Penalty

Posted March 15, 2017
Share

New Analysis Finds Up to One in Three Young Adults Could Get Hit by Continuous Coverage Penalty

Young Adults are About 70 Percent More Likely to Trigger Penalty Than Older Adults Under 65

new analysis finds that the requirement, or Millennial Penalty, would disproportionately burden young adults, ultimately spoiling the risk pool and inflating premiums for everyone.

Jen Mishory, executive director of Young Invincibles, released the following statement on the new analysis:

Key findings in the new analysis include:

  • As many as one-third of young consumers experience a gap in coverage over the course of a year, which could force them to pay higher premiums because of the 30 percent surcharge.
  • Young adults, are about 70 percent more likely to face the surcharge than older generations
  • The surcharge will make healthy consumers – especially cost-sensitive young adults – far less likely to enroll, ultimately harming the risk pool and increasing premiums.

here to read the full analysis.

FOR IMMEDIATE RELEASE

Contact: Sarah Schultz,