Like the generations that preceded them, the youth of today, known as millennials, are far less likely than their elders to have any kind of insurance. While their reluctance to obtain the low-to-no-cost health insurance available to them through PPACA has received considerable attention, they also tend to eschew other types of insurance, according to a report by InsuranceQuotes.com.
The study, conducted by Princeton Survey Research Associates International, found that 24 percent of those between ages 18 and 29 do not have health insurance. For all adult Americans, that figure stands at 16 percent — still high, insuranceQuotes.com said, considering the effort by the federal government to extend coverage to all Americans.
But the higher percent of millennials is puzzling, said Laura Adams, senior analyst, insuranceQuotes.com.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
