Health insurance coverage has dropped for the new year according to a study released by the Employee Benefit Research Institute. Though in the prior year coverage had minimally increased, current year statistics show a clear decline.
The EBRI report detailed that the number of Americans covered by employer health plans will clearly decrease, but the number of Americans who have picked up their own health insurance coverage has risen significantly.
Americans were buying their own health insurance plans more and more frequently this past year, according to a report by the Kansas City Star. They state that the past year's economy combined with lower unemployment rates, contributed to the ability of more workers to purchase their own plans.
Today, however, that is clearly not the case. With the current economic situation, unemployment is skyrocketing and there's little chance that a higher rate of the public will be able to afford their own health care coverage.
Work loss not withstanding, higher food prices, higher gas prices and families struggling to pay mortgages are all causes for health insurance coverage to be amongst the first to be cut from a family's budget. - 16955
The EBRI report detailed that the number of Americans covered by employer health plans will clearly decrease, but the number of Americans who have picked up their own health insurance coverage has risen significantly.
Americans were buying their own health insurance plans more and more frequently this past year, according to a report by the Kansas City Star. They state that the past year's economy combined with lower unemployment rates, contributed to the ability of more workers to purchase their own plans.
Today, however, that is clearly not the case. With the current economic situation, unemployment is skyrocketing and there's little chance that a higher rate of the public will be able to afford their own health care coverage.
Work loss not withstanding, higher food prices, higher gas prices and families struggling to pay mortgages are all causes for health insurance coverage to be amongst the first to be cut from a family's budget. - 16955
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