A review of health insurance rates in Northern and Southern California shows rates for young adults will increase between 30% to over 40%. Instead of the 6% to 16% increase in rates for adults only, families could experience a 20% increase in health insurance rates in 2018.
One of the selling features of the Affordable Care Acts was that children could stay on their parent’s health plan until they turned 26 years old. Unfortunately, Covered California excludes from eligibility any household member that will not be claimed as a dependent by the primary taxpayer associated with the account. However, IRS guidance suggests that […]
The new strategy of the GOP and Tea Party unveiled this summer to derail Obamacare is to encourage young adults not to purchase health insurance. It is beyond my comprehension that they would rely on the government, either through the promise of the individual mandate or persuasive marketing, to deliver a certain percentage of young adults for enrollment.