Winter 2014 - Plasma

Young Adults Needed to Make Health Law Successful

The success of the newly operational state health insurance exchanges depends heavily on insuring healthy, young adults to balance the risk of covering older, less healthy consumers. However, according to a recent survey from 2013, only 27 percent of young people are aware of the coverage options that went into effect on Oct. 1. “I think it’s fair to say most young people will buy coverage if they consider it to be affordable and/or necessary, but until we see premiums, I think it’s going to be really difficult for young people to assess whether this is affordable relative to all the other expenses they have,” said Linda Rowings, chief compliance offer at United Benefit Advisors.

If healthy, young adults do not enroll in the new exchanges, health insurance premiums could increase substantially.

BSTQ Staff
BioSupply Trends Quarterly [BSTQ] is the definitive source for industry trends, news and information for the biopharmaceuticals marketplace. With timely and critical information, each themed issue covers topics ranging from product breakthroughs, industry insights and innovations, up-to-the-minute news on the latest clinical trials, accessibility, and service and safety concerns.