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State trends in employer premiums and deductibles: 2010-2019
State trends in employer premiums and deductibles: 2010-2019
- Collection:
- Health Policy and Services Research
- Series Title(s):
- Data brief (Commonwealth Fund)
- Author(s):
- Collins, Sara R., author
Radley, David C., author
Baumgartner, Jesse C., author - Contributor(s):
- Commonwealth Fund, issuing body.
- Publication:
- [New York, N.Y.] : The Commonwealth Fund, November 2020
- Language(s):
- English
- Format:
- Text
- Subject(s):
- Deductibles and Coinsurance -- statistics & numerical data
Deductibles and Coinsurance -- trends
Health Benefit Plans, Employee -- economics
State Government
United States - Genre(s):
- Technical Report
- Abstract:
- Roughly half the population of the United States--about 160 million people--had insurance through employers just prior to the start of the coronavirus pandemic. The pandemic's massive disruption to the economy resulted in a loss of coverage for an estimated 14.6 million workers and their dependents by June of this year. The crisis will likely lead to additional losses well into 2021. Millions who still have employer benefits have lost wages and income, making their insurance costs an increased burden on household budgets. The Affordable Care Act provides a safety net for people who lose employer coverage by offering coverage through the individual market and the marketplaces or Medicaid. However, while people with unaffordable employer plans have some options through Medicaid and the marketplaces, these options are limited and eligibility rules are complex. In this brief we focus on the extent to which people with moderate incomes in employer plans face high premium and deductible costs relative to their income. We examine trends in each state over 2010-2019, just before the pandemic hit, using the most recent data from the federal Medical Expenditure Panel Survey-Insurance Component, to inquire: How much were workers spending on premiums and deductibles? How do those costs compare to median income in each state?
- Copyright:
- Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
- Extent:
- 1 online resource (1 PDF file (22 pages))
- Illustrations:
- Illustrations
- NLM Unique ID:
- 101774867 (See catalog record)
- Permanent Link:
- http://resource.nlm.nih.gov/101774867