Friday, August 27, 2010

Employer-Sponsored Health Insurance Expected to Plummet

The Census Bureau will release projections for the number of Americans without health insurance. Data came out in August under the Bush administration. It now comes out in mid-September.

The report is expected to show a sharp rise in the uninsured population in 2009. The 2008 increase in the number of uninsured was solely attributable to the decline in employment-based coverage, which continued its free fall.

Employer coverage is expected to fall further. The numbers with workplace health insurance are:

2008 176.3 million
2010 150 million (CBO projections)

How far will the uninsured rise from 46.3 million? Will it go up 13.1 million, roughly half the projected decline in employer coverage? We'll find out September 16.

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