Forbes January 1, 2024
Universal healthcare access remains an unrealized dream for the U.S. Addressing the problem of lack of (adequate) health insurance for many Americans would involve a massive undertaking, but one that’s necessary to ensure that everyone has at least a basic level of insured care.
According to a Commonwealth Fund report issued last year, the numbers of underinsured in the U.S. keep rising. In 2022, 43% of working-age adults were inadequately insured. These are individuals who were uninsured (9%), had a gap in coverage (11%) or were insured all year but had coverage that didn’t provide them with affordable access to healthcare (23%). What this implies is that many people who technically have health insurance still incur very high out-of-pocket costs,...