Tuesday, December 16, 2008

Erosion of Employer-sponsored Health Coverage

If you think that over the past few years fewer individuals are obtaining health insurance through their employers – you’re right.

In this study, http://www.epi.org/briefingpapers/223/bp223.pdf, by the Economic Policy Institute (EPI) they show that while Indiana is doing better than many states, there’s been a substantial decline in employer-sponsored insurance here in recent years.

Between the years 2000 and 2007, there has been a 5.2 percent decline and for children under age 18, the decline is 6.6 percent.

EPI is an independent nonprofit think tank. They reported that nationally 62.9 percent of American workers are covered by employer-provided health insurance which is 3 million fewer than in 2000. As unemployment rises, the percentages are expected to grow.

Without a defined fix in the healthcare system, this problem is likely to worsen and with democrats in power, their solution will likely be more government run programs. This ultimately is not the best solution.

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