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Wednesday, May 20 2015

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Number Of 'Underinsured' Rising, With 1 In 4 At Financial Risk From Medical Bills: Study

A report warns that an estimated 31 million people are insured by health plans that would not protect them enough from high medical bills. Rising deductibles were cited as the biggest problem.

One-quarter of people with healthcare coverage are paying so much for deductibles and out-of-pocket expenses that they are considered underinsured, according to a new study. An estimated 31 million insured people are not adequately protected against high medical costs, a figure that has doubled since 2003, according to the 2014 national health insurance survey by the Commonwealth Fund. (Ferris, 5/20)

Nearly one in four adults has a health-insurance plan that doesn't adequately cover medical bills because deductibles and other out-of-pocket expenses cost too much in comparison with their pay, a new survey shows. (Alltucker, 5/19)

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