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Unformatted text preview: Colorado employers by Lockton, Inc. in 2010 noted that the average increase in continued on page 78
77 2012 Colorado Business Economic Outlook Education and Health Services
continued from page 77 5%. Uninsured individuals who defer routine care
often seek services in the emergency department,
where care is episodic, not coordinated with other
medical services, and most expensive.
A study published in 2009 in the American Journal
of Medicine estimated that 1.5 million Americans
would declare bankruptcy in 2009 and more than
60% of people who go bankrupt are actually capsized by medical bills. Bankruptcies due to medical
bills increased by nearly 50% in a six-year period,
from 46% in 2001 to 62% in 2007. Furthermore,
most of those who filed for bankruptcy were
middle-class, well-educated, and homeowners.
According to a study published in Health Affairs
published in 2011, annual income from 1999
to 2009 for a family of four in the United States
increased from $76,000 to $99,000 (adjusted).
However, all of...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery