from american prospect (emphasis added
decent family insurance costs at least $8,000 a year
. to deliver an affordable plan for total premiums of, say, $3,000 or $4,000 a year means either wholly inadequate insurance, or huge out-of-pocket payments that will force many "insured" people to forego needed care
last friday, the state body responsible for certifying new and supposedly affordable insurance private plans targeted at moderate income families authorized plans that cost people as much as $7,500 a year. who can afford that even on a $67,000 income, the state's median?
these plans may have modest premiums but will include huge deductibles and co-payments, as well as stringent limits on participating doctors. without additional tax dollars, more people may be nominally insured -- but more insurance will be inadequate and more people will go without needed care.
indeed, while over 47 million americans have no insurance, and about 85 million are uninsured at some point during a two year period, america's hidden health problem is under-insurance. a large share of bankruptcies caused by medical bills are declared by people who had health insurance that proved inadequate.