A survey of colorado employers by lockton inc in 2010

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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.

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