Millennials in a quandary about health insurance exchanges
Of the 30% of millennials without health insurance, one third said they don’t know they can get coverage on the exchanges.
Of uninsured millennials aware of the exchanges, 52.5% said they weren’t aware tax credits are available to help them pay health insurance premiums.
As state-sponsored health insurance operations set up in response to the Affordable Care Act gear up for the 2021 open enrollment period, a survey has found millennials are in a quandary about the exchanges.
Of the 30% of millennials without health insurance, one third said they don’t know they can get coverage on the exchanges, according to a survey sponsored by GetInsured, a technology provider for the operations.
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Although deductibles have increased for private insurance plans, deductibles for ACA coverage have been decreasing year-to-year.
In 2020, health insurance premiums and deductibles ate up 11.6% of Americans' incomes.
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