An increasing number of working adults are currently without or, without a change in state health policies, will soon be without health says MedicareSupplementPlans.com.
Los Angeles, CA (Vocus) August 5, 2009 -- Another 100,000 working Californians could be added to the ranks of the uninsured over the next four years if there are no changes in state health policies, according to researchers at the University of California, Berkeley. Researchers estimate that 500,000 Californians have already lost their health insurance due to the current recession.
To make matters worse, fewer California employers will offer health insurance, according to health insurance broker Alan Weinstock, a top producer at http://www.MedicareSupplementPlans.com. Recent reports have shown that the percentage of those with health insurance in California has declined from 61.7 percent in 2000 to 58.6 percent in 2007. That number is lower than the national average of more than 64 percent.
This growing number of uninsured is likely to take its toll on already financially strapped cities by creating higher costs, lower productivity and lower earnings. It may also mean higher costs for those individuals who retain their insurance coverage, as insurance rates are likely to continue to increase annually.
Weinstock indicates this may affect senior citizens as well, meaning they may need to switch from employer-provided coverage to a Medicare supplement plan. Weinstock’s agency, available through http://www.MedicareSupplementPlans.com, specializes in Medicare sup
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