young adult health insurance Archives

Obamacare boosts health insurance coverage by 20 million

March 8, 2016March 6, 2016 G. Turner

President Obama health insurance Obamacare

President Barack Obama has announced that the uninsured rate among Americans has reached record lows. Obamacare has been a law for six years now, and during that time, 20 million people under the age of 65 have obtained some level of coverage, brining the rate of uninsured Americans down to a low that has never seen before in the country. The latest data from the Obama administration shows 2.4 million more people became insured since the fall. The speech was given by the president while he was in Milwaukee, where…

Young consumers weigh the cost of health insurance and federal penalties

February 1, 2016January 31, 2016 S.Vagus

Young adults are not convinced that insurance coverage is a viable financial option Young adults in the United States have faced a difficult decision during the latest open enrollment period. As open enrollment comes to an end, young and health consumers have had to decide whether or not to purchase health insurance coverage or face a federal fine and which of the two may end up being more expensive. Notably, the fine for those without insurance has gone up in 2016, which may have influenced many young people’s decision to…

University of Toledo student insurance no longer required

July 10, 2015July 9, 2015 Julie Campbell

health student insurance program College

There is no longer a regulation for enrollment, but it remains possible to voluntarily enroll if desired. The student insurance that used to be required for everyone going to the University of Toledo has now been changed to a voluntary coverage, which is available to anyone who Is taking at least one credit hour per semester. The reason behind the decision is that many of the students attending the university no longer require the coverage. The reason is that because of the federal health care reforms, student insurance often overlaps…

Insurance marketing in Illinois uses clever humor to appeal to Millennials

November 24, 2014November 22, 2014 Julie Campbell

luck plan illinois insurance marketing health insurance

A new campaign is hoping to appeal to a younger demographic, using a little bit of “Luck” A satirical insurance marketing campaign in Illinois has now been released to help to encourage younger adults to sign up for health plans under the Affordable Care Act, with ads featuring the “Luck” plan. Get Covered Illinois is running funny commercials that end with the slogan “You’ll be okay, probably.” This insurance marketing strategy includes ads that promote a fictitious “Luck Plan”, that shows young adults frolicking around Chicago wearing homemade splints made…

Washington health insurance exchange launches new ad campaign

February 24, 2014February 21, 2014 S.Vagus

New ad campaign seeks to engage young consumers Washington’s health insurance exchange has been having trouble appealing to a certain demographic. Those between the ages of 18 and 34 account for only 23% of the more than 90,000 people that have purchase coverage through the state’s exchange thus far. Exchange officials are hoping to better engage young consumers by launching a new ad campaign. If young consumers continue to avoid the exchange, and insurance coverage in general, it could turn out to be a somewhat costly problem for the insurance…

Young people are showing interest in health insurance

February 18, 2014February 17, 2014 S.Vagus

HHS releases new data concerning enrollment in state and federal insurance exchanges The U.S. Department of Health and Human Services has released new data concerning enrollment in health insurance exchanges throughout the country. These exchanges are meant to provide consumers with access to affordable insurance coverage. The policies sold through these exchanges are offered by private insurance companies and must provide certain benefits according to federal regulations. Enrollment in exchanges has been somewhat slow due to ongoing technical problems with the exchange infrastructure. Young consumers are beginning to show more…

Health insurance needs to step it up to reach young people

February 5, 2014February 3, 2014 H. Cutner

Now that the health care reform is in full swing, college age consumers aren’t enrolling. One of the factors that is the most central determining whether the health care reform will be successful over the long term has to do with enrolling a large number of young people in health insurance plans. Unfortunately, as of yet, this age group does not seem to be making much of an effort to sign up. The mid-January report from the Department of Health and Human Services (HHS) revealed that this key component to…