Being Jobless Without Medical Insurance Can Place You In Poverty- Health Insurance Importance

The facts are staggering and most people do not even know about them. The number of uninsured continues to rise and there are many different reasons why this phenomenon occurs in the United States at this time. Many factors have to do with the current economic situation in the States, but there are also other problems that plague this system failure.

One of the primary reasons that more people are becoming uninsured is due to the rise in the unemployment rate. Most people who are collecting unemployment can not afford to pay health insurance premiums and even with COBRA and the government supplement for COBRA payments these payments are still way to high for most people to maintain. In essence they are being forced into becoming uninsured.

Another reason for the growing number of uninsured Americans is the fact that more students are not eligible for health insurance through their parents and have to go without health insurance. In a struggling economy, students live in the low-income category and with increasing overhead costs of living they are struggling to maintain their daily life expenses, even without having to pay health insurance premiums.

The current economy is not the only reason why Americans are canceling their health insurance. Many are also under the impression that the health care plan from the government will cover them, so they no longer need to have health insurance on their own. This is not the case given that not only will the health care proposal not take full effect for several years but this plan is not free for most of the population. As a matter of fact, many people may have to pay more as a result of the new plan.

In general, the number increasing or uninsured will be a problem in rising health insurance costs in general now, and the road. It is important for all Americans to realize they need to maintain health insurance until such time that the government plan is effective and not begin to cancel their plans in the hope of what the future will bring. The possibility that the U.S. health system remains to be determined.