Trends in Underinsurance and the Affordability of Employer Coverage, 2004 - 2007

Trends in Underinsurance and the Affordability of Employer Coverage, 2004 - 2007

According to a report published in the latest issue of Health Affairs, employer-sponsored health insurance has become less affordable for individuals at all income levels. Funded by the Commonwealth Fund, the report, Trends in Underinsurance and the Affordability of Employer Coverage, 2004-2007, found that the out-of-pocket (OOP) expenses of employer-sponsored health insurance enrollees increased by 34 percent during that period, affecting approximately 161 million Americans in all types of plans; that OOP spending rose 42 percent for the 1 percent of adults with the greatest medical expenses; and that 57 percent of the increase in OOP payments was the result of higher cost-sharing for medical services, while 43 percent was attributed to higher premium contributions.