Research reveals gaps in coverage from health insurance

Health Insurance

A recent U.S. survey shows gaps in the health insurance coverage among American adults. A health insurance survey conducted by the Commonwealth Fund nonprofit has shown that among American adults between the ages of 19 and 64, more than one in four did not have coverage at some point in 2011. Almost 70 percent of those individuals had already been without coverage for over a year by that time. The Commonwealth Fund is considered to be a leading health policy authority. These areas of lacking in health coverage are one…

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Healthcare overhaul to bring health insurance to approximately 2.5 million more young adults

A new rule in the healthcare reform has made it possible for many young Americans to maintain their coverage under their parents’ plans, which will allow an additional 2.5 million people who are 25 years old or younger to be insured. According to the Centers for Disease Control and Prevention (CDC), there was an increase in the percentage of insured individuals between the ages of 19 and 25 from 64 percent in June 2010 to 73 percent in September 2010. This rise is credited to the coverage provision of the…

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Health insurance survey shows many continue in an uphill battle against medical bills

A recent study found that in 2010 there was around 40% of Americans claiming financial hardship with paying medical bills. In 2005 it was 34%, thus presenting a 6% rise in just 5 years. An easy problem to pick out for increased spending would be the lack of insurance coverage, but Patricia Herman, an economist at the University of Arizona, says that financial ruin caused by an injury or illness may not be prevented by health insurance.  A study was conducted and can be found online in the August issue…

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