Thanks to the Affordable Care Act, over 3 million young adults have insurance because they can now stay on their parents’ health plan until age 26. The Affordable Care Act is ensuring that young people have the care they need and that they don’t have to worry about being denied coverage, or not being able to afford care as they transition into the job market.
The Affordable Care Act also provides new coverage options for young adults who don’t have access to coverage through their parents. Many young adults fall below the 133% poverty line and qualify for Medicaid under the expansion; and many more are eligible for tax credits that will help them afford health plans through the new Marketplace for low costs.
DPNM Chairman Sam Bregman commented: “Before Obamacare, young people were getting kicked off of their parents’ health plans at 19 or when they stopped being a full-time student. On top of having to find a job, young adults had to worry about being able to afford health insurance as well. Now young adults have many more options for coverage, and thanks to the ACA 26,000 young New Mexicans have coverage through their parents’ health plan. This is just one more benefit that Republicans overlook in their endless campaign to sabotage and repeal the ACA – they are out of touch and playing politics with a law that is benefiting millions of Americans across the country.”