obamacare

obamacare

What is Obamacare Anyway? What Young Adults Need to Know About Health Insurance

The extension of parental dependency among 20 somethings in the new millennia is a boundless social phenomenon. As post-high school adults lean longer on their parents than previous generations—with the putrid job market and instant gratification world being the main offenders—the pillars of our society can’t help but conform to this generous line of credit. So, for the past three years, under-zealous young adults have been able to stay on their parents’ insurance until the ripe old age of 26.

Cafe girl says no to unhealthy life choices.

Cafe girl says no to unhealthy life choices.

If the insurance charity has been in place for three years, why do we bring it up now? Use your aprons to rub the sleepies from your eyes young readers! The Affordable Care Act—aka Obamacare—is officially law after three years of slow implementation. If you had no idea about this, don’t worry, mom and dad have you covered. Also, kudos. Your ignorance means you probably haven’t had to visit the campus clinic—you’ve been safe!

As per a super-official document with White House letterhead and everything, the increase in insurance coverage is for a few reasons:

“Young adults have the highest rate of uninsured of any age group.”

Dang. According to the White House, 30 percent of shiny new adults aren’t covered by insurance. That demographic represents ONE-FIFTH of all uninsured people. Read the rest of this entry »





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