More young adults able to get health insurance
A recent report from Gallup highlighted how healthcare legislation has allowed more young adults in the U.S. to find health insurance coverage. According to Gallup, in each quarter since new healthcare law passed in September 2010, fewer 18- to 25-year-olds have reported lacking health insurance coverage. The latest data for the second quarter (Q2) of 2011 revealed that 24.2 percent of 18- to 25-year-olds reported having no health insurance. This is a sharp decline from the third quarter (Q3) of 2010 when 28 percent reported lacking health insurance coverage. The Affordable Care Act contains a provision that permits children to remain on the health insurance plans of their parents until the child reaches 26 years of age. According to Gallup, the aforementioned 4-percentage-point decline in the uninsured rate fot those 18- to 26-years-old is a direct effect of this healthcare legislation passed in late 2010. Despite the gains seen in insurance coverage for young adults, adults aged 26- to 64-years-old have seen a decrease in insured rates, Gallup said. In Q2 2011, 19.9 percent of those aged 26 to 64 reported being uninsured. In addition, 17.4 percent of all Americans reported lacking health insurance coverage in Q2 2011, which is a full percentage point up from the 16.4 percent recorded one year earlier in Q2 2010.
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