Thanks to the Affordable Care Act, a considerable number of insurance leads are parents of ethnic minorities, as many of their young adult children are now covered.
According to the Department of Health and Human Services, 1.6 million young adults are now covered since the implementation of the mandate. This includes 736,000 Latinos, 410,000 African-Americans, 97,000 Asian Americans and 29,000 American Indian and Alaska Natives.
Kathleen Sebelius, HHS secretary, said parents with young adult children have significantly benefited because of the healthcare mandate.
"As a result of the Affordable Care Act, we are making strides in giving every American regardless of race or ethnicity a fair shot at quality, affordable health coverage," said Sebelius. "Because of the law, more and more young adults can breathe a little easier knowing they have health coverage."
Richard Kronick, deputy assistant secretary for planning and evaluation at HHS, also noted the coverage more young adults are receiving, adding that this gives them a greater sense of security as they pursue their career aspirations.
While more young adults have coverage, there may still be individuals who lack a sufficient plan. Agents may want to keep this in mind when insurance prospecting.