Concerned that providing health insurance for the nation's uninsured is going to take a bite out of your finances? A recent study shows that if you are insured now you are already paying over $1000 a year to cover the costs of the uninsured:
U.S. families with health insurance are paying an estimated $1,017 more in annual premiums to compensate providers for healthcare to the uninsured, a report released on Thursday said.
The report by Families USA, a healthcare reform advocacy group, said doctors, hospitals and other health providers try to recover the cost of uncompensated care by increasing charges for those with private insurance.
The report said the cost shift was borne almost entirely by private insurers because rules in the Medicare health program for the elderly make it difficult for providers to pass on uncompensated care costs to that government program.
The fear mongering right will ignore evidence like this in their efforts to scare Americans, but we're talking about a huge amount of money that is being taken out of you paychecks in taxes and higher health care costs:
The uninsured who sought treatment in 2008 received about $116 billion in care, the study said. Of that, they paid for about 37 percent of the costs and government programs and charities paid for another 26 percent, the study said.
The rest, about $42.7 billion, was uncompensated care that was passed on to the insured in the form of higher prices for their care, it said.
The portion covered by charities definitely helps, but that still leaves 74% of the $116 Billion in cost last year which is being covered by your taxes and the increased health care costs you are paying.
The $1017 figure cited is the cost you are paying in increased premiums, and does not include the taxes you also pay on top of that which contribute to the 26% paid out by the government and charities in 2008 to cover costs incurred by the uninsured.
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