Sen. Baucus has released his Chairman’s mark and, as predicted, it includes a proposal for “young invincible” policies. Here’s the pertinent language from page 18 of the mark:
A separate “young invincible” policy would be available for those 25 years or younger. This plan would be a catastrophic only policy in which the catastrophic coverage level would be set at the HSA current law limit, but prevention benefits would be exempt from the deductible.
The popular media is now turning its attention toward what healthcare reform might mean for young adults. For a broader perspective on what “young invincible” policies mean for the insurance market, view the new healthcare reform briefing paper by Thomas D. Snook.