The Patient Protection and Affordable Care Act may need to be fine-tuned if it’s to truly offer affordable insurance.
A study by the Robert Wood Johnson Foundation, in conjunction with the Urban Institute, reports that for many Americans, the coverage they have purchased through one of the insurance exchanges is too expensive for them to use regularly.
The study examined what people without group coverage actually spent on their insurance, including premium, deductibles and out-of-pocket expenses. The result: Those with insurance who had household incomes that were 200 percent to 500 percent above the poverty line spent a higher percentage of their incomes on health coverage than did those who made less or more than they did.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
