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The Patient Protection and Affordable Care law monikered as Obamacare was passed on March 23 in the year 2010. Since the draft was signed into law in 2010, the Affordable Care Act has already expanded its access to high-quality, affordable health care coverage for the millions of young adults. Since the draft been signed into law in 2010, the Affordable Care Act has already expanded access to high-quality, affordable health coverage for the millions of young adults. The Affordable Care Act made a remarkable stroke by allowing young adults under the age limit of twenty-six years to remain with the health insurance policy of their parents. The United States of America witnessed a rise in the number of young adults who gained health insurance through the legislation’s health insurance exchanges, private marketplaces and also through the expansion of the Medicaid program. Under its various sections and subsections sating rules and policies for almost every genre of the society the bill also mentioned specific provisions for the children as well as the young adults.
The generic problems faced by Young adults without health insurance policy.
Some of the problems faced by young adults without any health insurance policy are as follows-
How does the law affect the young adults?
Under the Patient Protection and Affordable Care law, the young adults were allowed to stay with their parent’s policy if they are not married and are under the age limit of 26 years.
iii) The law allows young adults with low income can file income tax with their parents and qualify for CHIP program if their parents do not qualify for Marketplace.
Before the launching of the Affordable Care Act only around 64% of young adults had health insurance plans but after the advent of the law it expanded immense facilities to young adults which helped to decrease the number of uninsured in the country.