A key piece of the Affordable Care Act is proving quite popular. The number of young adults covered by health insurance grew by about a million, as families have taken advantage of the new law.
Two surveys released today found significantly fewer young adults without coverage, in spite of the fact that the overall number of uninsureds remains relatively high. The National Center for Health Statistics found that the number of uninsured people aged 19-25 dropped from 10 million to 9.1 million in the first three months of this year. Additionally, a new Gallup survey found that the share of adults 18-25 without coverage dropped from 28 percent a year ago to 24.2 percent this summer. That translates to approximately 1 million or more young adults.
The ACA allows young adults to remain on their parents' health insurance plan until they turn 26.