A recent Census Bureau report shows Texas once again leads the nation again in the rate of uninsured. About 5.7 million people in the Lone Star State under 65 do not have health insurance. According to Texas Hospital’s Senior Vice President for Government Relations John Hawkins, the health care needs of the uninsured impacts us all. According to recent reports, this is how:
- Hospitals are providing $5.5 Billion in uncompensated care each year.
- Premium costs for private insurance are $1,800 higher, on average, due to uncompensated care for the uninsured.
- Local government expenditures, financed by tax dollars, for indigent health care services currently exceed $1 Billion.
According to the RAND Corp., health insurance premiums in the Texas Marketplace will be 9.3 percent higher due to limited public coverage. THA continues to advocate for the state to accept new federal funds to expand Medicaid as the most effective tool for reducing the number of uninsured and the associated costs for Texas hospitals, taxpayers, and businesses.” Dan Stultz, M.D., FACP, FACHE, chief executive officer of the Texas Hospital Association. Beginning October 1st new private coverage options will be available through the Health Insurance Marketplace to help with costs all around.