Health Insurance Statistics

Being a college student, I am very concerned with health issuance issues like cost and what happens when I graduate.  We all know how expensive our school insurance is and how little it covers. I know that if my financial aid did not cover the cost then I wouldn’t have any at all.  Because finical aid  does cover it I don’t have to worry about it for a few years but after I graduate I will not be able to afford it. According to the U.S. Census Bureau the first 6 months of 2011 compared to all of 2012, the health insurance rate declined in people ages 19 to 25.

The article ‘Health Insurance Coverage of Young Adults Aged 19 to 25:2008, 2009, and 2011‘ discusses the insurance coverage of people aged 19 to 25 and how the new law played a huge role in the changes.

The new law that I am referring to is a standardized national law that came into affect in 2010 were children under the age of 26 can be covered by their parents’ private health insurance. Because of the change in law, the article shows data from the two years before the change (2008 and 2009) and after (2011). The Census Bureau also compares those statistics to those aged 26 to 29, who were unable to be covered under their parents insurance.

The article states that there is not much of a difference of stats between the age groups 19 to 25 and 26 to 29 before the new law. In 2009, both groups dropped 1.1%-1.2%. After the new law the two groups were no longer changing at the same rate.  From 2009 to 2011, the insurance rate of people aged 19 to 25 increased from 68.3% to 71.8%. Whereas people aged 26 to 29, their insurance rate decreased from 71.1% to 70.3%.

Hopefully soon we will find a solution to fix the health insurance issues in the country. According to these statistics, it is not looking good to anyone over the age of 26.