Becker's Healthcare November 21, 2024
Insured rates in the U.S. are near-record highs, but 1 in 4 Americans are underinsured, according to the Commonwealth Fund’s Biennial Health Insurance Survey.
The biennial survey polls U.S. adults age 19 and older on their insurance status. The 2024 survey includes responses from more than 6,000 individuals aged 19-64. The survey does not include adults 65 and older, who are eligible for Medicare.
In 2024, 56% of adults reported being insured for the past year, and were not underinsured. Another 23% were underinsured, 12% were insured but were uninsured at some point in the past year and 9% were currently uninsured.
The Commonwealth Fund defines individuals as underinsured if:
- Their out-of-pocket costs, excluding premiums, exceeded...