HHS: Half of Single Young Adults Can Get PPACA Coverage for $50 or Less Per Month

HHS has announced 46 percent of single young adults who are currently uninsured may be eligible for health insurance through the Patient Protection and Affordable Care Act marketplaces for $50 or less per month.

checkBased on an analysis of data in 34 federally facilitated and federal-state partnership marketplaces, the agency has found 2.9 million single young adults aged 18 to 34 in those states may be eligible for coverage under the healthcare reform law. Of those people, 1.3 million could purchase a bronze-level plan with a monthly premium of $50 or less through the exchanges, and 1.9 million or 66 percent of single young adults could pay $100 or less.

Additionally, if all of the 34 states HHS analyzed expanded Medicaid, 4.9 million uninsured young adults would be eligible for Medicaid in 2014, according to the report.

For more information, view the full report here.

More Articles on Health Insurance Premiums:
Report: A Look at PPACA Health Insurance Exchange Premiums
Few Exchange Options Could Lead to Insurance Rate Increases, Experts Say
HHS: Florida Exchange Shows Significant Choices, Lower-Than-Expected Premiums 

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