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Released: June 24, 2010

Healthcare overhaul to keep more young adults on policies

Source: Lindy Washburn, L.A.Times (Free Registration)

One of the first provisions of the federal healthcare overhaul — allowing young adults to stay on their parents’ health insurance until they turn 26 — is expected to make a big dent in the number of uninsured young people this year.

The change will make it easier and cheaper for thousands of 20-somethings to obtain insurance, even in states where other options have existed for several years.

More than 30% of young adults nationwide are without insurance. They earn less, on average, than those who are older, and have higher rates of unemployment. They account for about one-fifth of the nation’s uninsured.

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