The Insured Rate Has Grown Slightly

Eighty-two percent of people 65 and under had health insurance in 2011 compared to 81.5% in 2010. That half a percent increase is notable because there have only been increases in the rate of the insured during five years since 1994, according to an Employee Benefit Research Institute Issue Brief.  The issue brief is based on EBRI estimates from the Census Bureau.

However, employment based health benefits for the nonelderly population declined from a peak of 69.3% in 2000 to 58.4% in 2011. At the same time, public program health coverage expanded in 2011, accounting for 22.5% of the nonelderly population.

Six percent to 7% had individual coverage in 2011 — a rate that has remained relatively steady since 1994. Due to high unemployment rates, the nation is likely to see an erosion of employment-based health benefits when the data for 2012 are released next year.

According to the EBRI brief, some employers that believe in the business case for providing health benefits, may rethink its value, especially if unemployment remains high or if employers determine that the health reform legislation provides viable alternatives. For more information, visit ebri.org.

Last Updated 8/2/2017

Arch Apple Financial Services | Individual & Family Health Plans, Affordable Care California, Group Medical Insurance, California Health Insurance Exchange Marketplace, Medicare Supplements, HMO & PPO Health Care Plans, Long Term Care & Disability Insurance, Life Insurance, Dental Insurance, Vision Insurance, Employee Benefits, Affordable Care Act Assistance, Health Benefits Exchange, Buy Health Insurance, Health Care Reform Plans, Insurance Agency, Westminster, Costa Mesa, Huntington Beach, Fountain Valley, Irvine, Santa Ana, Tustin, Aliso Viejo, Laguna Hills, Laguna Beach, Laguna Woods, Long Beach, Orange, Tustin Foothills, Seal Beach, Anaheim, Newport Beach, Yorba Linda, Placentia, Brea, La Habra, Orange County CA

12312 Pentagon Street - Garden Grove, CA 92841-3327 - Tel: 714.638.0853 - 800.731.2590
Email:
Jay@ArchApple.com
Copyright @ 2015 - Website Design and Search Engine Optimization by Blitz Mogul