HIT Consultant November 22, 2024
What You Should Know:
– A new report from the Commonwealth Fund reveals that despite significant progress in expanding health insurance coverage under the Affordable Care Act (ACA), millions of Americans still lack adequate and affordable healthcare.
– The report highlights the prevalence of coverage gaps, high out-of-pocket costs, and the burden of medical debt, underscoring the need for further policy action to achieve truly universal coverage.
Uninsured and Underinsured
While the uninsured rate has declined significantly since the ACA’s implementation, many Americans still experience gaps in coverage or are underinsured, meaning their health plans don’t provide affordable access to care. Other key findings of the report include:
- Employer-Based Coverage: A majority of underinsured adults (66%)...