Recent graduates report lack of job opportunities, creating fewer health insurance options for America’s largest uninsured population
Phoenix, AZ – August 6, 2009 – Next Generation Insurance Group, LLC (http://www.nextgenins.com), founder of GradGuard.com, the leading insurance resource for new college graduates, and AfterCollege, Inc., the nation’s largest provider of online career networks for college students and recent graduates, today announced a strategic partnership aimed at delivering insurance options to America’s largest uninsured population – young adults.
According to recent research conducted by AfterCollege, 78% of 2009 graduates are having a difficult time finding a job, leaving employer-sponsored group health insurance on hold for the majority of recent graduates. According to the Commonwealth Fund and U.S. Census Data, 13.2 million Americans between the ages of 19 and 29 are already uninsured, making this group the nation’s largest uninsured demographic.
The partnership between AfterCollege and Next Generation Insurance Group (NGI Group) will connect AfterCollege’s large membership base of recent graduates with NGI’s specialty insurance products, including short-term medical insurance, which helps bridge the gap between graduation and employer-sponsored health insurance.
“Our research revealed how difficult the job search has been for recent graduates in this tough economy,” said AfterCollege Founder & CEO, Robert Angulo. “GradGuard.com offers the ‘right-fit’ insurance products for our audience and we’re hopeful that their products will help of members during their transition to life after college.”
“The prolonged job search of this year’s recent graduates increases the likelihood that many recent graduates will join the growing number of young adults who don’t carry health insurance,” said John Fees, co-founder and CEO of Next Generation Insurance Group. “We are pleased to work with AfterCollege to fulfill the diverse needs of new graduates and commend them for helping new graduates discover the many affordable insurance options that are available through GradGuard.com”
The collaboration between AfterCollege and Next Generation Insurance Group will include a full suite of insurance products available at www.gradguard.com/aftercollege, including health insurance, renters insurance, travel insurance, and short-term medical insurance.
Founded in 1999, AfterCollege, Inc. (www.aftercollege.com) is an online professional platform that connects students, faculty, alumni and employers through customized career networks at colleges and professional organizations across the country. Today, AfterCollege powers the largest number of career networks on the internet, using its patented process to deliver thousands of exclusive opportunities to students and alumni. Its proprietary platform and job distribution technology translate into substantive job content for job seekers and into more qualified applicants for employers. AfterCollege’s unique approach is patented under U.S. Patent Number 7,213,019. AfterCollege is certified by the National Minority Supplier Development Council.
About NGI Group LLC
Next Generation Insurance Group LLC is a national insurance sales and marketing firm that enables consumers and organizations to manage risk affordably. With headquarters in Boston and Phoenix, the firm is a nationwide authority on relevant, “right-fit” insurance products for specific life stages and life events, including http://www.gradguard.com, http://www.collegerentersinsurance.com and http://www.massdrive.com. NGI applies its expertise in affinity, collegiate, Internet and young adult marketing to design and market specialty insurance programs. For more information, please visit http://www.nextgenins.com.