Breaking News

Young people not eager to buy health insurance

Young Adults not yet signing up for health care could cause problems for the Affordable Health Care Act

Young Adults not yet signing up for health care could cause problems for the Affordable Health Care Act

In this mornings edition of POLITICO as well as a number of other news outlets the main story today had to do with Amerixan’s 18-34. Just under a quarter of Obamacare sign-ups so far have been in the critical 18-to-35-year-old age range, the Obama administration revealed Monday, the first time officials have given demographic data about health plan enrollees.

The administration had set a goal of around 38 percent to 40 percent of the enrollees in that age bracket by the time the sign-up season ends March 31.

The administration’s monthly enrollment update showed 2.2 million people had picked health plans in the federal or state health exchanges from Oct. 1 through Dec. 28. It’s not yet clear how many have paid their first monthly premium, a requirement before coverage can begin. An additional 3.9 million people have been deemed eligible for Medicaid.

More than half of those who have signed up are between 45 and 64, an age range that tends to be sicker and costlier to cover, according to the enrollment figures released Monday by the Department of Health and Human Services.

Young adults have to sign up in sufficient numbers to keep premiums in check and the health insurance market stable. Administration officials say the trends are going in the right direction at the midway point in enrollment.

More..

Tags: , ,