Without Healthcare Reform, Premiums Will Double | Healthcare Reform
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More Healthcare Reform Without Healthcare Reform, Premiums Will Double

Without Healthcare Reform, Premiums Will Double

Healthcare Reform - Healthcare Reform

Healthcare ReformIf healthcare reform bill is not passed, uninsured Americans will have to pay twice as much for health insurance in 10 years, a report released by the Robert Wood Johnson Foundation says.

Without healthcare reform, the number of uninsured Americans could grow by 10 million people in just five years, the foundation calculated. Premiums will become increasingly expensive for employers and their workers, increasing from $4,800 to $10,300 for single policies and from $12,100 to $25,600 for family policies by 2020, according to the report.

The report projects that by 2015, there could be as many as 59.7 million people uninsured, and that number could swell to 67.6 million by 2020. An estimated 49.4 million individuals were without health coverage in 2010, the report said.

Under three economic scenarios, ranging from high levels of unemployment; slow growth in incomes; high growth rates for healthcare costs to full employment; faster income growth; slower growth in healthcare costs, the analysis shows that the middle-class would suffer most without healthcare reform.

Source : UPI.com

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