Health Insurance and Young Adult Financial Distress

Autor/inn/en	Blascak, Nathan; Mikhed, Vyacheslav
Titel	Health Insurance and Young Adult Financial Distress
Quelle	In: Journal of Policy Analysis and Management, 42 (2023) 2, S.393-423 (31 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0276-8739
DOI	10.1002/pam.22458
Schlagwörter	Health Insurance; Young Adults; Financial Problems; Eligibility; Federal Legislation; Access to Health Care; Expenditures; Financial Support; Debt (Financial) + Suchen Sie Ihr Suchwort? Krankenversicherung; Young adult; Junger Erwachsener; Eignung; Bundesrecht; Ausgaben; Finanzielle Förderung
Abstract	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. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01