About 29 percent of adults with health insurance last year were underinsured, with high deductibles and out-of-pocket expenses relative to their income, according to the latest Biennial Health Insurance Survey by the Commonwealth Fund. That’s up from 22 percent in 2010, when the Affordable Care Act was enacted, with the largest increase among people with job-based health plans. However, people who bought individual market plans were the most likely to be underinsured, with 42 percent reporting inadequate coverage in 2018. According to the survey, the uninsured rate for adults has declined to 12.4 percent from 20 percent in 2010, but has not changed since 2016. “U.S. working-age adults are significantly more likely to have health insurance since the ACA became law in 2010,” the report notes. “But the improvement in uninsured rates has stalled. In addition, more people have health plans that fail to adequately protect them from health care costs, with the fastest deterioration in cost protection occurring in the employer market.”

Related News Articles

Headline
The AHA Dec. 19 submitted comments on the Department of Homeland Security’s proposed rule regarding the Public Charge Ground of Inadmissibility, urging the…
Headline
The House Dec. 17 passed the Lower Health Care Premiums for All Americans Act (H.R. 6703), legislation to expand association health plans, increase…
Headline
The AHA Dec. 17 urged Elevance Health, which is the parent company of the Anthem brand of health plans, to rescind Anthem’s nonparticipating provider…
Headline
The American Medical Association Dec. 16 released its latest annual report on health insurance competition, finding that 97% of commercial markets were highly…
Headline
Approximately 950,000 consumers who currently do not have health insurance coverage through the federally facilitated Health Insurance Marketplace have signed…
Headline
The Senate today failed to pass legislation to address health care affordability. The chamber first voted on a Republican-backed bill that failed by a 51-…