Report details insurance situation for upstate New Yorkers

Posted on: Monday, June 18, 2012

A new study indicates that a considerable number of insurance customers living in the upstate New York area went without coverage two years ago.

The report, "Uninsured Adults in Upstate New York," relied on Census Bureau surveys of individuals between the ages of 18 and 64 who were living in the upstate New York area at the time. Among the findings, non-profit organization Excellus discovered that young adults living in that portion of the Empire State had the highest rate percentage of uninsured individuals of any age group, as 25 percent of 19-to-25-year-olds were not covered. The uninsured rate decreased as the age range increased, with 55-to-64-year olds had the lowest rate at 9.5 percent.

It was also determined that lack of insurance was often linked to people's level of educational attainment. For example, nearly 30 percent of individuals who had completed some high school but did not graduate were uninsured, followed by 17 percent who graduated from high school, 13 percent who attended college but didn't finish and 7 percent who graduated with a Bachelor's degree or higher.

This report may be particularly beneficial for insurance agents in the Empire State, as it provides additional information they may not get on a standard insurance lead.

Posted In: Insurance News, Health Insurance

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