Thursday, June 3, 2010

Cost is Key Reason Workers Are Uninsured

A recent study published by the Employee Benefit Research Institute (EBRI), a non-profit, non-partisan research organization, demonstrates that the majority (85 percent) of uninsured workers cite cost as the number one barrier to coverage. Lack of availability of coverage was reported by 29 percent of respondents as another barrier to coverage. These individuals reported that they did not have access through their own employer, their spouse's employer, or a parent's employer. A provision in the new health reform law will allow adult dependent children up to age 26 to access coverage through a parent's employer-sponsored health plan. This new benefit becomes effective with new plan years that begin on or after September 23, 2010. The US Department of Health & Human Services (HHS) predicts that potentially over 1.20 million individuals will become newly enrolled in coverage as a result.

Click here to access the EBRI brief explaining the findings of the below referenced study.
Click here to view the complete EBRI study.

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