Trends Regarding Adding Young Adults to Parents Health-Insurance

A political talking point by many advocates of ObamaCare is that certain provisions of the legislation are popular. One area routinely pointed to is the provision regarding expansion of coverage of young adults allowed them to stay on their parents health insurance policy until age 26.

However, the actual percentage of uninsured within the age group 18-25 has only changed from 27.6% in January 2008 to 24.5% in January 2012.

Albeit an improvement in the realm of uninsured, its worth one’s attention that the uninsured percentage of 18 - 25 age group has reached a plateau. The percentage uninsured has held constant in the area of 24% since the first quarter of 2011. That is, if the provision of the ObamaCare is popular, its popularity would supposedly plateau as well.

Therefore, the political capital of the political talking point, the provision regarding expansion of coverage of young adults allowed to stay on their parents health insurance policy until age 26, has likely reached its zenith. (1)

Notes:

(1) In U.S., Uninsured Rate for 18- to 25-Year-Olds Plateaus, The Gallup-Healthways Well-Being Index, 04/03/2012

http://www.gallup.com/poll/153737/Uninsured-Rate-Year-Olds-Plateaus.aspx