Young Adults Are More Likely to Lack Health Coverage

May 19, 2021
young-adult-looking-at-phone

Children are often covered by a parent's health plan or by public health insurance such as the Children's Health Insurance Program (CHIP).


But young adults generally lose eligibility for CHIP at age 19 and for coverage under a parent's health plan at age 26. Before they transition into employer-sponsored health plans or buy private health insurance, young adults are more likely to be uninsured than other age groups.

insured-age-group-chart

All Securities Through Money Concepts Capital Corp., Member FINRA / SIPC

11440 North Jog Road, Palm Beach Gardens, FL 33418 Phone: 561.472.2000

Copyright 2010 Money Concepts International Inc.

Investments are not FDIC or NCUA Insured

May Lose Value - No Bank or Credit Union Guarantee

This communication is strictly intended for individuals residing in the state(s) of MI. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Advisor Solutions Copyright 2020.

A family is playing a ring toss game by a lake and mountains. Three rings are flying through the air
July 30, 2025
Don't let a recession disrupt your vacation plans. A staycation might be the perfect solution.
An older and younger woman are walking outside while looking down and smiling.
July 30, 2025
Learn practical tips for having a conversation with your parent(s) about their finances.
July 30, 2025
What is Munis (municipal bond) and are they right for you?
A woman with sunglasses on her head is walking with people passing by in the background.
July 30, 2025
Families still believe a college degree will help further their careers. Find out what the leading factors are with selecting a college.
Show More