Navigation Links
New Study Finds Fewer Families Can Afford Health Insurance
Date:5/8/2009

ROCKVILLE, Md., May 8 /PRNewswire-USNewswire/ -- The majority of uninsured American families who are not covered by group health insurance through an employer cannot afford to buy health insurance, according to a new study by HHS' Agency for Healthcare Research and Quality.

Some experts have suggested that because 23.8 million uninsured Americans under age 65 who do not have access to employer-based health insurance have incomes above the federal poverty line, they can afford to purchase policies if they so choose. But new data show otherwise.

"Wealth, Income, and The Affordability of Health Insurance," published in the May/June 2009 issue of Health Affairs, shows that measuring families' median net worth -- the value of their savings plus other assets minus debt rather than just income -- provides more precise estimates of the percentage who could purchase policies if they chose to do so. Until now, most studies have used income alone to estimate how many more Americans could be covered by health insurance.

"This study has important implications for defining who can afford to pay for health insurance in the next wave of health care reform," AHRQ Director Carolyn M. Clancy, M.D., said. "We need accurate, evidence-based findings to ensure that we are providing policymakers with reliable information."

Using national survey data, the researchers found that the median net worth of families who purchased health insurance was $105,819 -- nearly 35 times greater than the median net worth of only $3,057 for families who were uninsured. Median net worth means that half the families had net worth above or below that amount.

In contrast, the median income of families who purchased health insurance was $41,086 -- only 2.3 times greater than the median income of $17,690 for families who were uninsured.

The researchers, who used 2002 and 2003 data from AHRQ's Medical Expenditure Panel Survey, also found that 4.1 percent of families with access to employer-based health insurance were poor (family income below 100 percent of the federal poverty line) and 11.1 percent were low income (family income 100-199 percent of the federal poverty line). In contrast, among families without access to employer-based health insurance, 33.8 percent were poor and 28.4 percent were low income.

According to Didem Bernard, Ph.D., an AHRQ economist who led the research, the standard model based on income alone used by economists works well for estimating who will enroll in employer-based health insurance. However, it does not work well for who will purchase non-group coverage because it overestimates health insurance enrollment for people with low net worth and underestimates for people with high net worth.


'/>"/>
SOURCE Agency for Healthcare Research & Quality
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Photo: Levemir(R) Once-Daily Substantially Lowered Average Blood Sugar Levels of Patients with Type 2 Diabetes in TITRATE(R) Study
2. United Spinal Association Reports Positive Results of Stem Cell Transplantation to Treat Multiple Sclerosis: Study May be Key to Unlocking a Cure
3. 30-year follow-up study: Tremendous impact of smoking on mortality and cardiovascular disease
4. Study: Vibration plate machines may aid weight loss and trim abdominal fat
5. New Almond Study Finds Chewing is More Than Meets the Mouth: Thorough Chewing May Influence Feelings of Fullness
6. Study reveals current multi-component vaccines may need reworking
7. UIC receives $1M HUD grant to study green healthy housing
8. PEAK Surgical Announces Positive Fascia Incision Healing Results From Preclinical Study of PEAK PlasmaBlade(TM) for Gynecologic Surgery
9. New study reveals the financial effects of stroke in China
10. Study Finds That Patients With Excessive Sweating Condition Are More Likely to Develop Skin Infections
11. Study in pregnant women suggests probiotics may help ward off obesity
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... ... June 27, 2016 , ... "FCPX editors can now reveal their media with ... X," said Christina Austin - CEO of Pixel Film Studios. , ProSlice Color ... users can now reveal the media of their split screens with growing colorful ...
(Date:6/26/2016)... PLAINSBORO, N.J. (PRWEB) , ... June 27, 2016 , ... ... same sources, yet in many ways they remain in the eye of the beholder, ... Oncology (EBO), a publication of The American Journal of Managed Care. For the full ...
(Date:6/26/2016)... (PRWEB) , ... June 26, 2016 , ... ... fertility once they have been diagnosed with endometriosis. These women need a treatment ... also require a comprehensive approach that can help for preservation of fertility and ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room , the ... Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. , “We ... new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of First Choice ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article published ... unfamiliar with. The article goes on to state that individuals are now more comfortable ... less common operations such as calf and cheek reduction. The Los Angeles area medical ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... NAMUR , Belgium , ...  (NYSE MKT: VNRX), today announced the appointment of ... Board of Directors as a Non-Executive Director, effective ... the Company,s Audit, Compensation and Nominations and Governance ... Board, Dr. Futcher will provide independent expertise and ...
(Date:6/23/2016)... -- Research and Markets has announced the ... (Organic Chemical (Sugar, Petrochemical, Glycerin), Inorganic Chemical), Functionality (Filler, ... Global Forecast to 2021" report to their offering. ... pharmaceutical excipients market is projected to reach USD 8.1 ... the forecast period 2016 to 2021. ...
(Date:6/23/2016)... Research and Markets has announced the addition of the ... offering. The current unmet ... for MedImmune to enter. The US ageing population creates a ... considerable growth for effective anti-influenza medications. The introduction of a ... development is still in its infancy. Key ...
Breaking Medicine Technology: