Young Adults to Pay More for Their Health Insurance
CHICAGO (AP) - Health insurance premiums for young adults are expected to rise about 17 percent once they're required to buy insurance four years from now. That estimate is from an analysis by Rand Health.
Young people will need to carry more of the burden of health care under the new health overhaul law. The new law limits an industry practice of charging older customers more.
Even so, the pluses could outweigh the minuses. Some 2 million people under age 26 should qualify for coverage under their parents' health plans. And Medicaid expansion will insure 9 million more young adults.
Copyright 2010 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. All active hyperlinks have been inserted by AOL. This article was written by CARLA K. JOHNSON, Associated Press Medical Writer.
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