Health Insurance and Young Adult Financial Distress.

We study how health insurance eligibility affects financial distress for young adults using the Affordable Care Act's (ACA) dependent coverage mandate─the part of the ACA that requires private health insurance plans to cover individuals up to their 26th birthday. We examine the effects of both gaini...

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Publicado en:Journal of Policy Analysis & Management Vol. 42; no. 2; pp. 393 - 424
Autores principales: Blascak, Nathan, Mikhed, Vyacheslav
Formato: Artículo
Publicado: Wiley-Blackwell Mar2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Mar2023
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        10.1002/pam.22458
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        atl: Health Insurance and Young Adult Financial Distress.
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          Blascak, Nathan
          Mikhed, Vyacheslav
      su:
        Health insurance
        Young adults
        Health insurance eligibility
        Health insurance exchanges
        Health care industry billing
        Patient Protection & Affordable Care Act
        Medical debt
      sug:
        subj:
          Health insurance
          Young adults
          Direct individual life, health and medical insurance carriers
          Direct group life, health and medical insurance carriers
          Health insurance eligibility
          Health insurance exchanges
          Health care industry billing
          Patient Protection & Affordable Care Act
          Medical debt
      ab: We study how health insurance eligibility affects financial distress for young adults using the Affordable Care Act's (ACA) dependent coverage mandate─the part of the ACA that requires private health insurance plans to cover individuals up to their 26th birthday. We examine the effects of both gaining and losing eligibility by exploiting the mandate's implementation in 2010 and its automatic disenrollment mechanism at age 26. Our estimates show that increasing access to health insurance lowers young adults' out‐of‐pocket medical expenditures and debt in third‐party collections. However, reductions in financial distress are transitory, as they diminish after an individual loses access to parental insurance when they age out of the mandate at age 26.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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