Health Insurance Daily Journal

In the golden days of the American economy in the early 2000s, having a good job and health insurance made one feel secure about one’s future and family. Nowadays, with the current US recession, only 7 percent of those who have health insurance say they are prepared for any health concerns in the future.

The other 93% feel that they have very limited coverage and are now paying more of their share for medical costs. 158 million people covered by employer health insurance programs are paying higher medical expenses due to various combinations of factors like higher premiums, less extensive coverages, and larger out-of-pocket deductibles and co-payments.

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