Original source: https://www.thinkadvisor.com/2019/05/16/millennials-uninsured-rate-soars/?slreturn=20190417061910
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ThinkAdvisor (05/16/19) Bell, Allison
According to analysts in the Transamerica Center for Health Studies, the percentage of millennials with no health coverage rose from 11% in 2016 to approximately 16% in overdue 2018. The figures are based on an August 2018 survey of 3,604 U.S. adults ages 18 to 64. Millennials with employer health benefits rose from 45% in 2016 to 50 percent in 2018, while those with Medicaid (or a comparable program) dropped from 14% to 11 percent, those who have Medicare dropped from 3% to 2%, and people with individual major medical insurance (purchased off or on the Affordable Care Act market ) slipped from 14% to 7%. Among other things, the survey revealed that the proportion of millennial respondents who described themselves as being”unable to work due to a disability or illness” increased to 2 percent in 2017 and 2018 from a five-year low of 1 percent in 2016…. Read More
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