Children are often covered by a parent’s health plan or by public health insurance such as the Children’s Health Insurance Program (CHIP). But young adults generally lose eligibility for CHIP at age 19 and for coverage under a parent’s health plan at age 26. Before they transition into employer-sponsored health plans or buy private health insurance, young adults are more likely to be uninsured than other age groups.
Source: American Community Survey, U.S. Census Bureau, 2020
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2021