Thursday, May 05, 2011

Lots of young adults joining parents' health plans Read more: http://www.mcclatchydc.com/2011/05/04/113680/lots-of-young-adults-join-parents.html#storylink=omni_popular#ixzz1LQy2GdXO

http://www.mcclatchydc.com/2011/05/04/113680/lots-of-young-adults-join-parents.html#storylink=omni_popular

By Phil Galewitz | Kaiser Health News

WASHINGTON — Hundreds of thousands of young adults are taking advantage of the 2010 health care law provision that allows people younger than 26 to remain on their parents' health plans, some of the nation's largest insurers are reporting. That pace appears to be faster than the government expected.

WellPoint, the nation's largest publicly traded health insurer, with 34 million customers, said the provision on dependents was responsible for adding 280,000 members. That was about one-third of its total enrollment growth in the first three months of this year.

Other large insurers said they'd also added tens of thousands of young adults.

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