Sen. Baldwin, Rep. McEachin Introduce Legislation to Make Health Care More Affordable for Young Adults
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- The Advancing Youth Enrollment Act lowers health care costs while maintaining critical ACA protections
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"More Americans are uninsured today than when
"It is imperative that young Americans have affordable, comprehensive healthcare," said
The Advancing Youth Enrollment Act would increase the value of premium tax credits for young adults ages 18 to 35 years old, which would result in more financial support to help them afford quality health coverage. Importantly, this protects older adults and those with pre-existing conditions from facing higher costs or seeing their current tax credits reduced. Under the Advancing Youth Enrollment Act, a young person enrolled through the marketplace would see their cost for a silver plan go down by about
"Every day, we hear from young people who understand the importance of getting covered to protect themselves and their health, but are struggling to make ends meet. We know that young people are uninsured at higher rates, have lower incomes, and tend to struggle with navigating the complexities of health insurance more than their older counterparts. By making coverage even more affordable for young people, we can improve coverage rates and affordability for the nation's most uninsured age group. By bringing more young people into the individual market, the AYE Act is a smart solution to improving affordability, and strengthening the ACA for everyone," said
"The Advancing Youth Enrollment (AYE) Act is smart, badly needed legislation that will help young adults afford the health coverage they need, especially during the crucial years when they are starting families," said
Support for the legislation includes Young Invincibles,
The legislation is cosponsored by Senators
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