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AHIP: PPACA will raise young adult premiums

PPACA allowed Samantha Ames, 25, to get back on her parents' health insurance last year, but it may ultimately cause premiums to skyrocket.
PPACA allowed Samantha Ames, 25, to get back on her parents' health insurance last year, but it may ultimately cause premiums to skyrocket.

A provision in the Patient Protection and Affordable Care Act (PPACA) might make health insurance a lot more expensive for young adults, a new study finds.

According to actuaries at consulting firm Oliver Wyman, the law’s age rating provision could mean a 42 percent hike in premium costs for people aged 21 to 29 when they buy individual coverage.

Originally published on BenefitsPro. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Nichole Morford

Nichole Morford
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