Our Take: A new report reveals just how substantial the 2010 health care reform law was in establishing an avenue for young adults to maintain or gain insurance coverage through their parents' plans. The numbers may be surprising, but it is also revealing that medical debt did not seem to be alleviated by the reform. Anna Yukhananov recently reported for Reuters:
Health care reform likely enabled about 6.6 million young adults to join their parents' health insurance plans last year, a report found on Friday, though problems with medical bills and debt remained an issue.
President Barack Obama's 2010 health care reform law allowed young adults — who previously had the nation's highest uninsured rate — to stay on their parents' private insurance plans through age 26.
Read more about 6.6 million adults join parents' insurance last year on MSNBC.com.
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This explains why my health insurance premium increased sharply. We were promised Obamacare would lower healthcare costs! Obamacare is just another in a long list of politician’s lies.