Thanks to the Affordable Care Act, 3.1 million previously uninsured young adults have health coverage through their parents� plans.� The New England Journal of Medicine recently published a first look at how health insurance coverage is protecting young adults and their families from the costs of a serious medical emergency.
According to the study, newly insured young adults made over 22,000 visits to hospital emergency rooms in 2011, at a cost to health insurance plans of $147 million.� That�s nearly $7,000 per visit that those young adults and their families would have paid out of pocket, or that would have been shouldered by hospitals, charities, and other health care consumers through uncompensated care.
This is just one more way the health care law is protecting families from the financial damages of a serious illness or injury.� Starting October 1, 2013 consumers will be able to enroll in coverage through the Health Insurance Marketplace, where they can shop for and compare insurance options. Visit HealthCare.gov to get all the information you�ll need to get ready for open enrollment.
To read the study in the New England Journal of Medicine, visit� http://www.nejm.org/doi/full/10.1056/NEJMsa1212779
To learn more about coverage for young adults under the Affordable Care Act visit http://www.healthcare.gov/law/information-for-you/young-adults.html
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