47 Million Uninsured
September 13, 2007 | General, HSA Government Info
Recent figures released by the US Census Bureau indicate that the number of people without health insurance has jumped to 47 million from 2005 to 2006.
According to another census conducted by AHIP, 4.5 million people enrolled in a health savings account, up by 1.3 million from the previous year.
Are we going to see a long and continuous trend of individuals unable to afford coverage or are we going to see a breakout year in High Deductible Health Plans with an option for an HSA in 2008-2009?
I attached both links for the census reports.
http://www.census.gov/prod/2007pubs/p60-233.pdf
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Comment by Michael J. Malasnik October 23, 2007
Regarding HSA’s being in large part “a solution to Affordable Healthcare”. I think it is important to remember that people who can least afford comprehensive coverage, can also least afford the high deductibles and out of pocket costs presented by the HSA qualified plans.
I find people who are more concerned with asset protection and have the means to pay for their out of pocket expenses are a better fit for HSA qualified plans.