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Young people getting health insurance could drive down costs for all

Posted On Mon, November 30, 2009

One of the issues facing the debate over health insurance is that fact so many young people choose not to have coverage.

A recent report from the Associated Press notes that many young people don't have health insurance because they feel as though having it is not worth the cost. After all, many of them are healthy and don't see the need for it.

Citing a report from the Kaiser Family Foundation, the AP noted that those 18 to 29 years old have the highest uninsured rate for healthcare in the country. The AP story said that 13.7 million people under 30 do not have health insurance. Many younger people may have lower-level jobs that do not offer health insurance, which adds to the problem.

According to the AP, getting younger people into health insurance plans could drive down costs in the industry.

"Their premiums would help subsidize older, less healthy people in the insurance pool, thereby bringing down average costs," the report from the news organization stated.

Both branches of Congress have put forward their own version of healthcare reform, which would include requiring people to get health insurance. The House's version of the bill passed recently, while the Senate is in the process of considering its own measure.

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