5 things to know about the working uninsured

Healthcare providers may be treating an influx of previously uninsured patients, but there remains a significant group of people who do not have healthcare coverage, despite being employed.

Advertisement

Here are five insights into the working uninsured, according to an infographic from software solutions company Wellthie.

1. The majority of uninsured individuals (85 percent) have at least one person working a full- or part-time job in their household.

2. The working uninsured vary in employment status.

•    Employed full-time all year: 11 percent
•    Employed full-time for part of the year: 19 percent
•    Employed part-time all year: 18 percent
•    Employed part-time for part of the year: 17 percent

3. More than half of the working uninsured (55 percent) work for businesses with less than 50 employees. Company size for the rest of the working uninsured includes:

•    50 to 999 employees: 19 percent
•    More than 1,000 employees: 21 percent
•    Public sector: 5 percent

4. The majority of the working uninsured are millennials; 45 percent are between ages 19 and 34. Forty-three percent of the working uninsured are 35 to 54 years old, and 12 percent are 55 to 64 years old.

5. Most of the working uninsured are eligible for help in getting coverage; 79 percent are eligible for Medicaid or individuals health plan subsidies.

More articles on finance:
15 latest hospital credit downgrades
OIG: Hospices overbilled Medicare $268M
Federal, state efforts to end balance billing: 4 things to know

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.