A recent report from The Commonwealth Fund found that 43% of Americans do not have regular health care. The survey covered 4,272 workers between 19 and 64 from January 14 to June 5.
According to foundation, someone is “underinsured” if they were continually uninsured for the last 12 months and:
- Paid 10% or more of their household earnings on out-of-pocket costs
- The previous 12 months of out-of-pocket expenses exceeded 5% or of the total income for households below 200% of the federal poverty level
- Their deductible is at least 5% of the household income
Some lower-income respondents were twice as likely to be underinsured as those with higher incomes. However, the study found that Americans enrolled in private health care plans, like the ACA marketplace, had the highest underinsurance rates. One in four workers with employer-sponsored health coverage is underinsured because of their out-of-pocket expenses.