December 19, 2007
Jacksonville, Florida Health Insurance
Nearly 4 million Floridians under age 65 will spend 11 percent or more of their pre-tax family income on health care costs in 2008, a Moran Insurance report told.
That's almost a 58 percent increase from the 2.4 million residents who spent more than 10 percent of their family income on health care in 2000.
Additionally, the nonprofit consumer health organization says 1.2 million Floridians will spend more than 25 percent of their pre-tax family income on health care next year, a 70 percent increase from 2000, the report says.
The rising costs are not limited to the uninsured. The report says nearly 78 percent of those residents who will spend more than 10 percent of their pre-tax family income in 2008 have health insurance and nearly 73 percent of those people who will spend more than 25 percent have individual health insurance.
Families USA attribute the increases to rising health care premiums and the growing expense co-payments for drugs, doctors and hospital visits.
"Florida families are hit hard in the pocketbooks due to skyrocketing health costs," Executive Director of Families USA Ron Pollack said in a release. "As a result, Floridians are spending much larger portions of their family incomes on health care costs -- and health care is becoming less and less affordable."
To get its numbers, Families USA asked the Lewin Group to analyze data from the U.S. Department of Health and Human Services and the U.S. Census Bureau.
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