Wednesday, September 14, 2011

Some Good News about Health Insurance

In the barrage of bad news emanating from Census Bureau's release of income, poverty, and health insurance statistics for 2010 is one small piece of good news: the percentage of 18-to-24-year-olds who do not have health insurance fell by more than 2 percentage points between 2009 and 2010--from 29.3 to 27.2 percent.

This statistically significant decline in the percentage of young adults without health insurance is due to the Patient Protection and Affordable Care Act (otherwise known as Obamacare), which allows young adults to remain on their parents' health insurance plan until age 26. Because of the decline, the 25-to-34 age group is now the one most likely to be without health insurance, at 28.4 percent in 2010.

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