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Consumer Reports Health Insurance Survey Reveals 1 in 4 People Insured but Not Adequately Covered

Published in Hospital Business Week, August 26th, 2007

A new Consumer Reports study identifies the "underinsured" -- accounting for 24% of the U.S. population -- living with skeletal health insurance that barely covers their medical needs and leaves them unprepared to pay for major medical expenses.

Forty-nine percent of people overall, and 43 percent of people with insurance said they were "somewhat" to "completely" unprepared to cope with a costly medical emergency over the coming year. Some 16 percent of the people surveyed had no health plan at all, including many working respondents whose jobs didn't offer insurance or who couldn't afford the premiums of deductibles of the available plan.

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