Monday, January 12, 2009

Health insurance unaffordable for most who get laid off

The cost of paying for continuing family health insurance consumes most unemployment insurance payments for those laid off, according to a new report.
Continuing family health insurance coverage after being laid off consumes 84 percent of employment benefits nationally, according to a new report by Families USA, a health care think-tank.

In Wisconsin and 40 other states, paying for such health insurance coverage consumes 84 percent of unemployment benefits.

Single people do not fare much better. In Wisconsin and 16 other states, the cost of continuing single health insurance coverage consumed more than one-third of unemployment insurance income.

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