It is well known that at this point in the debate on healthcare reform, one major benefit for the healthcare consumer is the retaining of adult children under their parents’ plan until the age of twenty-five. Not only does coverage in this demographic become extended over previous plans, it also creates a comparative level of coverage in policyholders whose benefits lapsed prior to passage of the healthcare reform law — closing potentially troublesome gaps in coverage. Although it is somewhat unclear how much this provision will cost the taxpayer upon initiation later this year, it is here to stay. Apparently, this is music to the ears of young patients who either let policies lapse because of prohibitive costs or considered themselves not especially desirous of coverage due to their generally good health and young age (the so-called ‘invincible’ demo).

The potential for subsidized coverage has recently forced many in this age group to reconsider forgoing it — mainly because that coverage is increasingly within reach.

Many young adults will be covered through other provisions of the health act. About 7.1 million, more than half the total, will be eligible for Medicaid beginning in 2014 because their income is less than 133 percent of the federal poverty level, or about $14,404 for a single person and $29,327 for a family of four.

Provided they take the leap and participate in insurance exchanges, the healthy young stand to qualify for much in the way of taxpayer subsidized care — offsetting traditionally higher premiums without such legislation. After all, it’s either this, or pay a penalty. As reform begins to unfold over the decade of the 2010s, the social engineering involved in creating collective thought with regard to healthcare coverage as being the norm — and not the previously regarded far-flung option in this age demo — is a goal of Obama’s administration as it seeks to transform preventive healthcare delivery. | LINK

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