A health care reform law that allows adults to remain on their parents’ health plans until age 26 has sparked masses of those 25 and under to take advantage.
According to Kaiser Health News, healthcare giant WellPoint says 280,000 new members fit the criteria of those aided by the new law, accounting for a third of the company’s first quarter growth. Other healthcare providers revealed they’ve added tens of thousands of similar members. The additions could far surpass an estimate by the Health and Human Services Department, which predicted 1.2 million people would participate under the new provision.
If you’re 25 or under, have you boomeranged back onto your parents’ insurance? If you’re a parent with grown children, have your kids done so?
Young adults join parents’ health plans in droves [Kaiser Health News via AZCentral]