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Millennials unlikely to have any kind of insurance

Millennials are far less likely than their elders to have any kind of insurance.

By Dan Cook | Updated on August 25, 2014
(AP Photo/Kiichiro Sato)

Like the generations that preceded them, the youth of today, known as millennials, are far less likely than their elders to have any kind of insurance. While their reluctance to obtain the low-to-no-cost health insurance available to them through PPACA has received considerable attention, they also tend to eschew other types of insurance, according to a report by InsuranceQuotes.com.

The study, conducted by Princeton Survey Research Associates International, found that 24 percent of those between ages 18 and 29 do not have health insurance. For all adult Americans, that figure stands at 16 percent — still high, insuranceQuotes.com said, considering the effort by the federal government to extend coverage to all Americans.

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Dan Cook

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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