ACA Health Insurance for Young Adults with Pre-Existing Conditions: What You Need to Know

It’s a common misconception that young adults who are turning 26 are suddenly cut off from their parents’ health insurance plans. But thanks to the Affordable Care Act (ACA), that’s not the case.

The Affordable Care Act (ACA) and Pre-Existing Conditions

One of the most significant provisions of the ACA is that it prohibits health insurance companies from denying coverage or charging more for coverage based on pre-existing conditions. This means that individuals with chronic illnesses like type 1 diabetes can get the health insurance they need without being penalized.

Health Insurance Options for Young Adults with Pre-Existing Conditions

When you turn 26, you have several options for obtaining health insurance. These options include:

1. Employer-sponsored health insurance: If you are employed, you may be eligible for health insurance through your employer. Employer-sponsored health insurance plans are often the most affordable option for young adults.

2. ACA Marketplace: If you are not eligible for employer-sponsored health insurance, you can purchase health insurance through the ACA Marketplace. The Marketplace is a government-run website where you can compare and shop for health insurance plans from different insurers.

3. Medicaid: If you meet certain income and residency requirements, you may be eligible for Medicaid. Medicaid is a government-funded health insurance program for low-income individuals and families.

4. Private health insurance: You can also purchase health insurance directly from a private insurance company. However, private health insurance plans can be more expensive than employer-sponsored plans and plans purchased through the ACA Marketplace.

No matter which option you choose, it’s essential to make sure you have health insurance coverage that meets your needs. Health insurance can help you pay for medical expenses, such as doctor visits, hospital stays, and prescription drugs. It can also provide peace of mind knowing you have coverage in case of an accident or illness.

If you are a young adult with a pre-existing condition, don’t worry. There are health insurance options available to you. Contact a licensed health insurance agent to discuss your options and find a plan that meets your needs and budget.

To find a licensed health insurance agent near you, visit the National Association of Health Underwriters website: https://www.nahu.org/