| More than half
of the uninsured are under age 35. They go without insurance
because they may not see an immediate need due to fair health,
and their earnings may be consumed by necessities like housing,
food, and childcare.
Age of uninsured
Yet, from an insurer’s point of view,
this population is eminently insurable at quite reasonable
rates. In this case, federal assistance in the form of a tax
credit would help them afford health insurance. In addition,
creating products like Health Savings Accounts which have
lower premiums and making tax credits available so that the
individual or family has the immediate benefit of a cash contribution
in their HSA account would provide immediate advantages for
young families and individuals.
|
