Why is America Uninsured?

Kaiser Family Foundation State Health Facts - Why is America Uninsured?

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The manager healthcare costs in the United States increased 6.1 percent in 2007, from the previous year. Agreeing to the National Coalition on Healthcare, employers now pay a premium of colse to 000 for a house of four. Similarly the mean cost for a single individual accounted to nearly 00. The impact of such an growth was also felt by the small businesses and corporations that had less than 24 workers. These entities saw a daunting growth of 5.5 and 6.8 percent respectively in healthcare costs in 2007.

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Kaiser Family Foundation State Health Facts

Rapid growth in healthcare costs

It is curious to know that employers contributed nearly ten percent of the healthcare costs in major organization. If ten percent doesn't seem overwhelming then think the fact that an worker of a large corporation had to pay nearly 00 of their pay in healthcare costs. To be more correct the yearly premium of healthcare costs far exceeds the gross wage of the minimum wage worker that is slightly less than 000. The yearly explore in September 2006, from the Henry J. Kaiser foundation revealed that workers now pay 00 more in healthcare costs than they did in year 2000. It should also be noticed that healthcare costs per worker has increased by nearly hundred percent in the six month duration prior to 2006 when the inflation rate increased by only 24 percent and subsequent wage per worker grew by 21 percent.

Research revel more anomalies in our healthcare system

A study by Mckinsey & business in 2004, "Will condition benefit Costs eclipse profits?" stated that in near future the total profits of the employers will decrease on the face of rising healthcare expenditures. It is also troubling to find that the healthcare costs have increased more than four times the growth in wages, while the six years between 2000 and 2006. Now an worker contributes nearly 143 percent more to the condition guarnatee premiums, than they did back in 2000. while the same year the mean visits to doctors, medication and tests per insured worker increased by 115 percent. A study in 2003 by the division for Healthcare research and capability stated the out of pocket expanses of an mean American younger than 65 years, averaged 00 per annum.

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