Healthcare Reform to Provide Coverage for Millions of Young Adults

12.1 million young Americans will get healthcare coverage in 2014. When the Patient Protection and Affordable Care Act is fully implemented in 2014, approximately 81 percent of young adults aged from 19 to 29 will have healthcare coverage, according to a report from the Commonwealth Fund. In fact, young adults comprise approximately 30 percent of the 32 million Americans who will finally have healthcare coverage in 2014.

The 12.1 million young adults expected to get coverage include 7.2 million who will be covered by a Medicaid expansion, and 4.9 million who will buy subsidized private insurance.  The law does not cover an estimated 1.8 million undocumented young adults, who are not eligible for Medicaid or subsidized insurance.  According to the Commonwealth Fund report, the crucial time to get coverage is when young adults graduate from high school or college.  Approximately 27 percent of young adults who don’t attend college lose their insurance; another 15 percent secure a new source of coverage.  For college graduates who entered the workforce, approximately 32 percent lost their insurance while 43 percent had access to a new source.

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