Rate of uninsured is increasing

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The number of people who lacked health insurance last year climbed to 49.9 million, up from 49 million in 2009, the Census Bureau said. Nationwide, 16.3% of the population was uninsured last year, statistically unchanged from 2009.

Three groups comprised the bulk of the uninsured in 2010, including foreign-born residents who are not U.S. citizens, young adults ages 19 to 25 and low-income families with an annual household income of less than $25,000. Much of the declines in insured rates in recent years can be attributed to the loss of employer-provided coverage, which fell amid sustained unemployment and as employers continued to cut back on benefits.

The percentage of people who had health insurance through their employers fell to 55.3% in 2010 from 56.1% the year before, continuing a long, downward trend. In 2000, 64.1% of the population received health insurance through their employers.

Ref and Read more: http://money.cnn.com/2011/09/13/news/economy/census_bureau_health_insurance/

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