Chicago, IL (PressExposure) September 06, 2009 -- /1888PressRelease/ Can being a year older than your peer save you an extensive amount of money? When it comes to health insurance, the answer is yes. According to a recent article published on InsuranceAgents.com, a simple year in age can make the difference between someone having an adequate amount of health insurance and someone not possessing any at all.
Unfortunately, age is not the only factor when it comes to owning health insurance.
âAs far as health insurance for teens goes, nobody has it worse than the minorities,â the article, Health Insurance Options for Ethnic Teens and Young Adults, reports. âThe ethnic groups in America are statistically less likely to have health insurance compared to the average white American. According to a study by the Center for Adolescent Health and Law, a startling amount of adolescents, older adolescents and young adults lack health insurance coverage. The numbers skyrocket for racial and ethnic minorities in those age groups.â
Nearly 30 percent of Hispanic adolescents between the age of 10 and 18 lack proper health insurance in the United States. A scarier statistic is that about 50 percent of Hispanic young adults (age 19-23) lack a policy as well.
âWith the recent mass job cuts, more people than ever are losing their health insurance coverage (from their employer-sponsored plan, or the loss of income no longer allows them to afford healthcare),â the article states. âMinorities are disproportionately more likely to be affected and lose their coverage.â
Fortunately, there are some affordable health insurance coverage options for ethnic teens and young adults. Medicaid, a federal health care program, provides assistance to more than 50 million low-income children, working families, senior citizens, and people with disabilities. Many racial and ethnic minoritiesâwho are disproportionately more likely to use the program than whitesâdepend on Medicaid, providing coverage to about one in five Latinos and African Americans.
There are many other options for minorities struggling to find affordable coverage. In the âLand of Opportunity,â nobody should have to be a victim of prejudice. Go online and start comparing health insurance quotes or contact a local health insurance agent to find an affordable and convenient policy today.
staff contribution: Rafael Onak
Visit InsuranceAgents.com for more information.