Enrollment in commercial health insurance continues to drop in Florida, according to a Miami Herald report.
An annual report from the Florida Health Care Insurance Advisory Board shows that enrollment declined by 4.3 percent during 2010, marking the fifth straight year it has decreased. In 2006, the number stood at 4.5 million people; last year, at 3.7 million people.
According to the report, the decrease in coverage likely reflects Florida's continuing economic problems. While enrollment in commercial health insurance decreased, coverage under the federal healthcare reform law increased by 30 percent last year.
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An annual report from the Florida Health Care Insurance Advisory Board shows that enrollment declined by 4.3 percent during 2010, marking the fifth straight year it has decreased. In 2006, the number stood at 4.5 million people; last year, at 3.7 million people.
According to the report, the decrease in coverage likely reflects Florida's continuing economic problems. While enrollment in commercial health insurance decreased, coverage under the federal healthcare reform law increased by 30 percent last year.
Related Articles on Coding, Billing and Collections:
Healthcare Spending, Patient Traffic Rebounding After Three Year Decline
Physicians, Not Patients, Concerned About Shared Access to Medical Records
340k Michigan Residents Could Receive Rebates From Payors in Next Three Years