Middle Class Under Pressure Due to Increasing Health Care Costs

.

Middle Class Under Pressure Due to Increasing Health Care Costs

America's middle class is struggling with high Health-care costs.

During the past two years, the East Liberty Family Health Care Center has observed a 26% rise in uninsured patients coming through its doors.

Executive Director Eileen Boyle, said, "The face of the uninsured seeking care is changing. They are not just the poor, but are increasingly the working class".

Even for its own employees, the center saw a 30% high in health insurance premiums, some of which was extended to employees.

However, this trend is not limited to health care center, but the whole nation is experiencing it.

On Wednesday, a report released by the Robert Wood Johnson Foundation found that an increasing percentage of America's middle class has no health insurance.

The foundation in Princeton, N. J., says that while uninsured Americans from low-income groups have always been the center of concern, America's middle class now "is shouldering the brunt of health insurance crisis" made all the worse by two recessions in the first decade of the 21st century.

The report reveals that the number of middle-income earners who received health insurance from their employers fell by 3 million people from 2000 to 2008.

Only 66% of people in families, earning approximately $45,000 to $85,000, are now insured through their employer, a plummet of 7 percentage points from 2000 to 2008.

As costs continue to mount, more companies are passing on those costs to employees or giving up health care coverage all together.

 


Latest News

Minimum Wage for Tipped Workers Raised in New York
Office Depot and Home Depot Reports Better Than Expected Earnings Results
Attorney General Eric Schneiderman investigating the Selection Process of Casino
Barack Obama Calls for Stricter Standards for Brokers Advising on Saving Plans
Chefs of SoDel Concepts Restaurants Turn Girl Scout Cookies into Innovative Dess
Valeant Pharmaceuticals International Inc. to Acquire Salix Pharmaceuticals Ltd
Investors will be All Ears to Janet Yellen as she Testifies before the US Senate
Proposed Merger of Sysco and US Foods faces Strong Opposition
Procter & Gamble to Discontinue About Hundred of Its Brands by Summer
An Entrepreneur Predicts: Apple will buy Tesla Motors in Eighteen Months
A Federal Judge in the U.S Finds American Express Guilty Of Antitrust Violations
First Phase of Repair of the Washington National Cathedral has Finished