Employer-based insurance coverage on the decline

Posted on: Wednesday, February 15, 2012

A new survey indicates there may be more opportunities for insurance agents to secure additional health insurance leads. That's because a recent poll shows fewer Americans are receiving coverage through their employers.

According to Gallup, a reduced number of U.S. workers got their health insurance plan from their employer in 2011, dropping from 45.8 percent in 2010 to 44.6 percent last year. This has been an ongoing trend since 2008, one which has driven the uninsured rate higher in recent years.

A pair of factors appear to be causing the increasing number of uninsured Americans, according to Gallup, is two-fold: more Americans were unemployed in 2011 compared to 2008 and more employers have been dropping coverage in recent years.

Meanwhile, among individuals who received health insurance through the government - be it in the form of Medicare, Medicaid or from military benefits - coverage remains virtually unchanged, going from 11.2 percent in 2010 to 11.3 percent in 2011, Gallup reveals.

These numbers suggest an opening for insurance agents to capitalize on so that more people can obtain affordable coverage.

Posted In: Insurance News, Health Insurance

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