Department of Health and Human Services today releases new data; nationwide 3.1 million have benefitted
DES MOINES --- Today, the Department of Health and Human Services published new data that shows 20,000 young adults in Iowa who would otherwise be uninsured remained covered on their family's plan, thanks to the Affordable Care Act. Nationwide, approximately 3.1 million young people have benefitted from the law, passed in March, 2010, which allows young adults under 26 to stay on their parents' health insurance plan.
Before Obamacare, adult children would usually be kicked off the family plan when they turned 18 or graduated from school, but young adults often have entry level jobs that don't provide health insurance. As a result, young people were the age group most likely to be uninsured. Under the health care law, that's changing. Obamacare requires insurance companies to allow young people to stay on their family health insurance until they turn 26, which has provided a critical bridge for millions of young people across the country.
To learn more about this announcement, visit: http://www.healthcare.gov/