Workers’ Health Insurance Info

Data may be in 2003, but still hold relevance. Quick Stats from according to data from the Agency for Healthcare Research and Quality (AHRQ): February 21, 2003

January to June 2000, more than 60% (71 million) of working Americans under 65 years of age had health insurance that they got through their primary place of employment.

The data wer collected by AHRQ’s Medical Expenditure Panel Survey. They are published in a new statistical brief giving details of the characteristics of U.S. workers who have health insurance obtained from their primary employers. The statistical brief does not focus on other sources of insurance coverage obtained through a family member’s employment, an individually purchased private policy, public insurance, or another job.

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Disability cover is often passed by when looking for insurance. Although people will insure their estate and vehicles, they easily overlook the importance of insuring themselves personally against injury. Disability insurance pays funds when you can’t provide for your family.

Why do so many people over look this type of insurance?

While there is no way to know, it is often thought that people have the idea that they will not get hurt and they will be able to work as long as they would like. Unfortunately, that does not happen for many people.

People become ill or are involved in accidents without any warning, which could devastate a family that is dependent on their family for financial stability.

Disability insurance is often purchased as part of life insurance coverage, but can be sold separately. This is often called total and permanent disability insurance. It provides you with funds to pay for your bills should you be unable to work.

There are also some disability insurance plans that provide for temporary coverage, but this may also be provided by your health provider or your worker’s compensation (should you be hurt on the job). This type of temporary coverage is called income protection insurance.

WORKERS WITHOUT HEALTH INSURANCE: WHO ARE THEY?
Millions of Americans in 1999 without health insurance: 43
Percentage of Americans in 1999 without health insurance: 16

BYFAR BIGGEST GROUPOF UNINSURED WORKERS: CHILDLESS SINGLE WORKERS
Percentage of U.S. population with employment-based health insurance: 62
Percentage of uninsured Americans who work or live with workers: 80
Percentage of uninsured workers who work full-time: 71
Percentage of uninsured workers who work part-time: 29
Percentage of uninsured workers in firms with fewer than ten employees: 25
Percentage of uninsured workers in firms with more than 100 employees: 43
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