Health insurance coverage is more widespread among adults younger than 26 years old since the implementation of a law requiring policies to extend coverage to children between the ages of 19 and 25.
Researchers from the U.S. Department of Health and Human Services say that about 2.5 million Americans in the age group gained coverage between September 2010, when the law was enacted, and June 2011, with particularly large increases for minorities.
Published in the Journal of the American Medical Association, the analyses suggest that the provision has made significant inroads in improving coverage levels for the targeted age group, which has traditionally been underinsured. Researchers indicated the policy change was effective and they expect further data to show it helping more of those who need coverage.
Extending health insurance in this fashion may increase the cost of employee benefits for some. Employers may find it appropriate to secure employee benefit consulting services to adapt their plan administration and maintain affordability while complying with this law.
Businesses may have an opportunity to improve their relationships with workers by helping them learn to get the most out of preventive care covered by their policies, for themselves and any family members. Because prevention is typically less expensive than treating health conditions once they arise, this may also reduce costs.
