Private Health Coverage Unstable for Middle Class (March 18, 2010)

[LiberalFighter]

In One-Fourth of Middle-Income, Privately Insured Families, Someone Loses Coverage Within Four Years

In about one-quarter of middle-income families with private health coverage, a family member lost coverage at some point between 2004 and 2007, analysis of Census Bureau survey data reveals. Nearly all of these family members ended up uninsured, often for several months. While the survey only extends through 2007, these problems have almost certainly worsened due to the recession. Enactment of comprehensive health reform that provides affordable, meaningful insurance options, particularly for those losing access to employer-based coverage, would help protect many such families in the future from the financial and health consequences of being uninsured.

Analysis of data from the Census Bureau’s 2004-2007 Survey of Income and Program Participation (SIPP) shows:

Source: Center on Budget and Policy Priorities

[awoke_in_2003]

1. unstable for the middle class...

and almost non-existent for the poor.

[JohnWxy]

2. Our Health Insurance industry is heading for a cliff. How many will lose coverage in

the next 3 to 5 years. The cost of group coverage for businesses is very close to the ceiling of what they can afford. I expect the numbers of people losing coverage to "take off". HOw many will be able to afford insurance in the non-group plan, individual market?

Anthem Blue-Cross (Calif) increasing rate 39% (23%, on average, in 11 of 14 states). If we see premiums increase annually at 15% for three years that would make premiums 50% higher than they are right now. Now, how many people will be able to afford insurance at those rates? I think we're going to see the number of uninsured 'rocket' upwards in the next few years.

This is what makes the Republican tactic of trying to kill HCR to produce a failure for Obama and Dems so despicable. They are willing to drive America into another catastrophe (after creating the current REPUBLICAN DYSTOPIA by their policy of abandoning the Government responsibility to regulate Financial markets (CDSs, Reserve Requirements for banks) and home mortgage lenders).

As I have said before, the Republican Party has done far more damage to OUR COUNTRY than al Kaida ever could have hoped to.

WHO NEEDS AL KAIDA, WHEN YOU'VE GOT THE GOP?!



.......Recommended.