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Healthcare Financial News - More People Losing Health Insurance But for Shorter Periods Than in the 1980s

Healthcare Financial News


Tuesday, April 28, 2009
More People Losing Health Insurance But for Shorter Periods Than in the 1980s

A greater percentage of the U.S. population—21.8%--lost health coverage in a 12-month period from 2001 to 2004 compared to 1983 through 1986, when 19.8% lost their health insurance, according to a new study in the New England Journal of Medicine. But people regained insurance quicker during the 2001 to 2004 period, with 61.7% obtaining new insurance after 1 year and 79.7% receiving health coverage within two years. (Twenty years ago, 59.2% of the uninsured replaced their health insurance within 1 year, and 73.8% obtained insurance within two years.) The shorter period of uninsurance earlier this decade, however, is due to a 12% increase in the uninsured transitioning to public insurance compared to the 1980s, according to the study’s authors.

posted on 4/28/2009 5:12:41 AM (CST)  Permalink