Study: Caring for uninsured raises costs for others
Patient Financial Services Weekly Advisor, June 10, 2005
Providing healthcare for the uninsured increases the annual cost of insurance premiums for the average worker by $341 and for the average family by $922, according to a study by Families USA.
The study concludes that the insured subsidize the cost of care that is given to the uninsured.
Prepared by Ken Thorpe, a professor at Emory University, the report said that about $1 out of every $12 spent on health insurance premiums indirectly pays for healthcare provided for the uninsured.
The uninsured pay about a third of the costs for their healthcare out of pocket, the study concluded, adding that hospitals rely on charitable donations, government programs, and the private sector to cover the rest.
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