The Article: Obamacare Results in Largest Drop in Young Adult Uninsured Rate… EVER. in The People’s View.
The Text: This is what Mitt Romney and the Republicans will repeal: The share of young adults without health insurance fell by one-sixth in 2011 from the previous year, the largest annual decline for any age group since the Centers for Disease Control and Prevention began collecting the data in 1997, according to a new report released on Monday.
I wonder what could have resulted in this. Oh, right, the socialist Kenyan usurper plot to institute death panels by guaranteeing access to health care for more people, aka Obamacare.
The study’s author, Matthew Broaddus, a research analyst at the liberal Center on Budget and Policy Priorities, said the increased coverage for young people was almost certainly due to a provision in the Obama administration’s Affordable Care Act that allows children to stay on their parents’ insurance policies until their 26th birthday.
Joseph Antos, a health care policy expert at the conservative American Enterprise Institute, agreed that the provision of the new law was the only plausible explanation for the increase.
In all, over 3 million young adults age 19-25 now have health insurance thanks to a provision in Obamacare that lets parents keep their young adult children on their plans up to age 26.
And contrary to Mitt Romney’s claim, no, “the free market” won’t take care of this, left to its own devices. Know how I can tell? Because it hadn’t happened until Obamacare forced insurance companies to accept this regulation.