Study shows that medical care gets better when young adults remain covered by their parents’ insurance

A recent study is indicating that it is probable that young adults will have a better chance at seeing a doctor and receiving medical care when states lengthen the amount of time that they may remain covered by the health insurance held by their parents – which is one of the required elements of the healthcare overhaul. These new mandates are designed to assist individuals over the age of 18 who have conventionally outgrown their parents’ coverage, but who are struggling to obtain full-time work with health benefits after they…

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Gallup survey shows that employer provided health insurance is disappearing

A new survey from the Gallup Organization, a consultation and polling company, shows that employer sponsored health insurance is on the decline. The survey began on January 1 of 2011 and came to its conclusion on December 31 of the same year. Declines in insurance coverage are a persistent trend in the U.S. despite claims from the federal government. The Obama administration insists that the Affordable Care Act has brought coverage levels to an all time high. While this may be true for young adults, this is not the case…

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Michigan State University requires its students to purchase health insurance

Michigan State University has now joined five other schools among the “Big Ten” in adding mandatory health insurance to their requirements for their students. This regulation will function by requiring new students who are starting school at MSU for the first time to either find their own health insurance policy or be billed by the school, which will then provide the coverage for them. According to Kent Cassella, a spokesperson from MSU, “We have partnered with Aetna to devise a specific plan, that’s an MSU sponsored plan for $1,505 a…

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Healthcare overhaul to bring health insurance to approximately 2.5 million more young adults

A new rule in the healthcare reform has made it possible for many young Americans to maintain their coverage under their parents’ plans, which will allow an additional 2.5 million people who are 25 years old or younger to be insured. According to the Centers for Disease Control and Prevention (CDC), there was an increase in the percentage of insured individuals between the ages of 19 and 25 from 64 percent in June 2010 to 73 percent in September 2010. This rise is credited to the coverage provision of the…

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Insurance tips for the start of the new school year

As the time grows nearer to the start of the new school year, it is important to look over your insurance needs and consider whether or not they are being met by your current coverage, as there are many issues that can alter your protection requirements at this time. A child’s grade level change, a newly licensed teen, or having a family member who is a college freshmen can each impact the type of insurance you need for auto, health, and homeownership. First, have a look at your auto insurance.…

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