24,000 Iowans Lost Health Coverage in 2009 - KWWL - Eastern Iowa Breaking News, Weather, Closings

24,000 Iowans Lost Health Coverage in 2009

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Washington, D.C. (KWWL) --  According to a report released today by Families USA, more than 24,000 Iowans lost their health care coverage due to the rise in unemployment.

The report says 24,100 people in Iowa lost their coverage as the average unemployment rate jumped from 4.1% in 2008, to 5.7% this year.

Families USA based their report on the link between rising unemployment and health insurance coverage losses.  They found that 61.9% of Americans get their health coverage through their job or the job of a family member.

The report also estimates that the number of uninsured working-age adults nationwide rose by 4 million to now more than 50 million as the average nationwide unemployment rate jumped 8.9%.  In 2008, the nationwide unemployment rate averaged 5.8%.

The report also projects that the percentage of uninsured adults in Iowa will grow to 14.4% this year from 13.5% in 2006 - 2008.  This projection is based on the comparison of uninsured adults in 2009 with the Census Bureau's average annual percentage adults for the 3-year period of 2006 - 2008. 

The report  uses a model created by economists at The Urban Institute. That formula shows that for every percentage point increase in the seasonally-adjusted unemployment rate, the percentage of uninsured working-age adults grows by 0.59%.

The report is also based on unemployment rates from January through August 2009.

You can read a copy of the report at: http://www.familiesusa.org/assets/pdfs/one-two-punch.pdf

Online Content Manager: Eric Page

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