Tag: us health care costs

Uninsured rates are low in the US but health care costs continue to be burdensome

Logan B.
Health care costs - US - Money - Calculator

A new Commonwealth Fund study showed that underinsurance remains a strong concern. The Commonwealth Fund has released the results of a new study which found that health care costs remain a serious burden to working-age adults, even though many had insurance coverage. The study showed that 43 percent of adults had inadequate coverage despite having a plan. Even though many of the working-age adults who took part in the study had insurance, 43 percent of them were considered to be underinsured, meaning that health care costs were still a financial…

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Health care costs may be uncontrollable as the populace ages

The costs of health care are on the rise, putting heavy financial strain on insurance companies which, in turn, translates into higher premiums for consumers. While arguments regarding the cause of rising health care rates abound, the real reason for the phenomenon may be something that is impossible to control. The so-called baby boomers generation is steadily aging, with many reaching the twilight years of life. With age comes a sleuth of new medical concerns ranging from cancer to dementia. While older generations have been dealing with such troubles for…

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