Rep. Adriano Espaillat: (Blog) Trumpcare Threatens The Health And Future Of Young People
Millennials have seen dramatic gains in health insurance coverage since passage of the ACA, more so than any other age demographic. Instead of building on these historic gains, Trumpcare would have devastating effects on young people. Trumpcare harms young people by eliminating the current tax credit that helps many young people purchase insurance. According to Young Invincibles, low- and moderate-income young individuals would pay more under Trumpcare than under current law, ultimately impacting over 4 million young people and harming the lowest-income young people the most. On top of that, Trumpcare allows insurers to impose penalties on those who experience gaps in coverage. Who is most likely to experience a gap in health coverage because of a move or a job transition? Young adults. In fact, as many as one-third of young people between the ages of 19 and 34 could face this 30 percent coverage gap surcharge under Trumpcare.