Uninsured young adults may qualify for high-deductible health coverage for $50 or less per month on state exchanges
Health News

Uninsured young adults may qualify for high-deductible health coverage for $50 or less per month on state exchanges


Almost half of single young adults who are uninsured may qualify for coverage for $50 or less per month under federal health reform, according to a report from the U.S. Department of Health and Human Services.

HHS says young adults often qualify for lower costs on monthly premiums through tax credits based on family size and income. A single person's income must not be more than $45,960 to qualify for a tax credit, according to the Kynect website, and lower-income families receive the most assistance.

The federal report examined the 34 federally facilitated and state-partnership marketplaces and found that 46 percent of single young adults (ages 18-34) who may be eligible for coverage could purchase a "bronze" plan with high a deductible for $50 per month or less after tax credits, and 66 percent may be able to pay $100 or less for coverage. The report also found that "an additional 1 million eligible uninsured young adults may qualify for Medicaid in the states that have opted to expand the program in 2014."  (Read more)

Find out about your eligibility at Kynect, Kentucky's online insurance marketplace.





- Feb. 15 Is Deadline To Get Health Insurance; Those Who Don't Can Be Penalized Up To 2 Percent Of Their Annual Income
Sunday, Feb. 15 at 11:59 p.m. is the deadline to buy private, subsidized health insurance through Kynect, the state-run marketplace created under federal health reform. If your annual income is above the federal poverty level and you don't buy a policy...

- Poll Finds That 79 Percent Of Kentuckians, Including 60 Percent Of Republicans, Support Beshear's Expansion Of Medicaid
By Melissa Patrick and Al Cross Kentucky Health News Kentuckians strongly support Gov. Steve Beshear's decision to make hundreds of thousands more of them eligible for Medicaid under the federal health-reform law, according to a statewide poll taken...

- 15 To 25% Of Uninsured Kentuckians May Be Eligible For Free, Non-medicaid Coverage, But Watch Those Out-of-pocket Costs
Millions of Americans who don't quite qualify for Medicaid could still get free health insurance through federal subsidies, but this free coverage hasn't gotten much attention, since most of the zero premium plans come with some trade-offs. An...

- Questions About Health-care Reform Law Answered In Comprehensive Courier-journal Report
Reporter Laura Ungar has put together an excellent primer in The Courier-Journal that appears to answer all the key questions people have about the federal health-care reform law. Reporters would do well to refer to Ungar's report when writing...

- The Affordable Care Act: Helping The "young Invincibles"
Just who are these ?young invincibles??  The term describes young adults between the ages of 18-29 who may seem uninterested in health insurance and believe they can afford to go without coverage? and are therefore, ?invincible?. Unfortunately,...



Health News








.