Summer days are dwindling and reality is setting in for recent college graduates. Their focus now must shift from relaxing and celebrating their accomplishments to reworking resumes and landing that critical first job.
Often the last thing on the minds of the young and seemingly invincible who are searching for employment is health insurance. Yet, no matter how important everything else may seem, there is no question that health insurance should be a top priority.
What actually happens after the excitement of graduation when young adults realize they may no longer be covered by their parents’ health plans? All too often, the answer is that many of them join the ranks of America’s uninsured.
Unfortunately, some also will find that their perceived invincibility isn’t enough to pay for unforeseen medical bills from an accident, illness or emergency that can quickly drain a small or non-existent bank account.
A national study just released found that more than half of all young people have gone without health insurance at some point in the past five years—including 75% of those who are now carrying medical debt. In fact, young adults are among the largest and fastest-growing groups of Americans lacking health insurance today.Click here to read the rest of the article at YoungMoney.com.