Affordability challenges for older adults in the nongroup market

Affordability challenges for older adults in the nongroup market

Collection:
Health Policy and Services Research
Series Title(s):
Insight on the issues (AARP Public Policy Institute)
Author(s):
Sung, Jane, author
Dean, Olivia, author
Saunders, Robert C., author
Sheriff, Julia, author
Unuigbe, Aig, author
Contributor(s):
AARP (Organization), issuing body.
Public Policy Institute (AARP (Organization)), issuing body.
Publication:
Washington, DC : AARP Public Policy Institute, March 2021
Language(s):
English
Format:
Text
Subject(s):
Financing, Personal
Health Insurance Exchanges -- economics
Insurance, Health -- economics
Middle Aged
United States
Genre(s):
Technical Report
Abstract:
Millions of older Americans ages 50 to 64 rely on the nongroup (or individual) health insurance market for coverage. However, high premium and out-of-pocket costs can pose a major burden for those with coverage and prevent uninsured older adults from gaining coverage. Health care affordability challenges can negatively impact access to care. The American Rescue Plan Act of 2021 addressed a critical need for older adults by improving health care affordability in the nongroup health insurance market for two years. This paper analyzes 2019 affordability data, providing important context for the new law while illuminating the need for permanent measures.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY-NC-ND license. (More information)
Extent:
1 online resource (1 PDF file (16 pages))
Illustrations:
Illustrations
NLM Unique ID:
9918316782806676 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/9918316782806676