Tuesday, July 12, 2005

Affordable health insurance available for Gen Y(or whatever letter we're up to)'ers

Cheap Health Insurance Available to Many Young Adults


FRIDAY, July 8 (HealthDay News) -- For the cost of a latte a day, many of America's 10 million uninsured young adults could afford individual health insurance in most of the 50 largest U.S. cities, according to a new national report.

The Most Affordable Cities for Individuals to Buy Health Insurance report was released by online insurance source eHealthInsurance. The report lists the cities with the most affordable health insurance options for single 30-year-olds.

"It's important that young and uninsured people realize that their health, as well as their financial future, are at stake. We created this report to raise awareness with young people that there are affordable solutions available in most of the country so they can make an informed choice about their fiscal and physical health," Gary Lauer, CEO of eHealthInsurance, said in a prepared statement.

The report cited Long Beach, Calif., as the city with the most affordable health insurance for single young adults. In that city, the cost of about 17 average-sized lattes (at $3.10 each) would cover the monthly premium for a health insurance plan.

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Lessee ... forgo over-priced coffee and exhibit some adult responsibility ... or lobby to have "someone else" (eg, ME) bankroll your health care needs.

We should also note that most young people do not need the all-encompassing coverage that those of us in our advanced years require. In most cases, simply having catastrophic coverage suffices ... Of course, you will actually have to pay the full fare for an office visit, but a good dose of price sensitivity is what's needed in the health care market as a whole.