Why Many Young Adults Might Lose Coverage if Health Law Falls
When it comes to health care, even the seemingly easy things become hard.
Take coverage for young adults under the Affordable Care Act.
It’s one of the most successful — and popular — provisions of the law that have taken effect so far. Earlier this week the Obama administration announced that between September 2010 and the end of 2011, more than 3 million young adults under age 26 who would otherwise have gone without insurance gained coverage by remaining on their parents’ health plans.
Last week, major health insurance companies, including United Healthcare, Aetna and Humana, announced they would continue to offer the benefit even if the Supreme Court strikes down the law when it issues its ruling, which is expected next week. Even some Republicans say they support the idea of letting young people remain on their parents’ health plans.