Latest Trends in Health Insurance

Program provides states the authority and funding to expand health insurance coverage to low-income children by broadening Medicaid eligibility, developing new child health programs, or a combination of both.

While Medicaid and the State Children’s Health Insurance Program has effectively covered low-income group children, the same cannot be said for children in middle-income group families, for whom access to Medicaid and SCHIP is not easily accessible. Yet the unfortunate fact remains that racial and ethnic disparities in children’s health insurance coverage persist, despite all gains.
As public coverage is generally not available to adults, almost 50% of the increase in uninsured adults belong to the low-incomes group leaving their families at great risk for being uninsured.

Most Americans are beneficiaries of healthcare coverage in multiple ways which include private insurance coverage arranged by their employers, coverage purchased on their own and public insurance programs such as Medicare and Medicaid. It is believed that about 160 million Americans enjoy employer-sponsored health insurance, and another 13 million have bought insurance directly from an insurer or HMO. Total spending for health care services continues to steeply rise – from .4 trillion in 2001 to an estimated figure of .1 trillion in 2012.

Insurance premium for people with private insurance have risen drastically in recent years. At the same time, consumers are