Consumer Coverage Blog
February 23rd, 2009

A recent survey shows that an estimated 4 million American citizens have lost their health insurance.   We have declared a recession within the last few months, and as many as 15,000 individuals could be losing their health insurance coverage daily.  This new health care report was issued by liberal think tank Center For American Progress.

This new report also claims at nearly half of the 5 million who lost their health insurance coverage still are uninsured. Previous our recession there was an estimated 47 million Americans without health insurance coverage.

With the recent crazy economic climate, however, it is likely increased the vast number uninsured at the rate of 15,000 a day, according to the center.  Is that possible? With the new Cobra credit help americans?

This new report uses estimates from many Institute researchers that a two percentage point rise in the unemployment rate (higher in Florida) causes 2.5 million individuals to lose employer-sponsored group health insurance coverage. Of those people, 2 million rely on Medicaid or the Children’s Health Insurance Program and 2.1 million end up uninsured problem. 

Where do we go from here?  Will the rate of the insured keep rising?  Or will we find a solution that keeps everyone happy?  Let us know what you think?  We want the health insurance revolution to begin!