Young Invincibles released a blog highlighting key provisions of the report.
“Young adults have made huge coverage gains in the past couple of years due to the Affordable Care Act,” said Jen Mishory, Deputy Director of Young Invincibles. “And as the report shows, higher coverage numbers has stemmed rising medical debt. The changes coming in 2014, including the Medicaid expansion and new tax subsidies, will only increase the number of covered young people even further.”
According to the report:
- 3.4 million young adults have gained coverage since the dependent coverage provision took effect.
- 79 percent of 19 to 25 year-olds were insured at the time of the survey, up from 69 percent in 2010.
- The number of people saying they had trouble with medical bills or debt climbed in the past decade, yet stayed statistically the same from 2010 to 2012. According to Commonwealth, this is likely due to the increased coverage of young adults, since other age cohorts saw no improvement or a deterioration in coverage. The ACA’s dependent coverage provision seems to be protecting this generation from medical debt.
Check out our website for the full blog here: https://younginvincibles.org/2013/04/young-people-get-covered-in-big-numbers/
For updates on Young Invincibles, visit younginvincibles.org
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