J.E.D
Gold Member
- Jul 28, 2011
- 14,159
- 2,229
- 280
- Banned
- #1
More good news as a result of the new health care law. Go on, Republicans, tell these 2.5 million people that you want to take away their health insurance.
(CBS/AP) Since the new health care overhaul law took effect a year ago, 2.5 million young adults have gained insurance, according to a new report from the Obama administration.
The report - published Wednesday by the U.S. Department of Health and Human Services - shows an increase 2 1/2 times larger than government and private estimates from earlier this year. The previous estimate was that 1 million Americans ages 19-25 had gained coverage.
Administration officials said they now have more data and are slicing the numbers more precisely than the government usually does in an effort to pinpoint the new law's impact.
Under the health overhaul, children can remain on their parents' health insurance plans until they turn 26. Families have flocked to sign up young adults making the transition to work in tough economic times.
According to the government survey, nearly 36 percent of Americans ages 19-25 - more than 10.5 million people - were uninsured in the third quarter of 2010, before the law's provision took effect. Most workplace health plans started carrying the provision Jan. 1, 2011. By the second quarter of 2011, the proportion of uninsured young adults had dropped to a little over 27 percent, or about 8 million people.
The 2.5 million difference can only be the result of the health care law, administration officials said, because the number covered by public programs like Medicaid went down slightly.
Health care overhaul insures 2.5 million more young adults - HealthPop - CBS News