One-third of Colorado residents have no health insurance or inadequate insurance, according to a survey by the Denver-based organization The Colorado Trust and a Durango Herald report.
The survey found that 16 percent of Coloradans have no health insurance, and another 17 percent have inadequate insurance, such as deductibles they wouldn't be able to pay. This makes a total of 1.5 million people in the state with inadequate or nonexistent insurance coverage.
The survey also found Coloradans were unrealistic about the cost of insurance. Thirty-five percent of people who said they could pay something for insurance said the amount would be $50 or less a month. Ten percent said it would be $25 or less. In reality, insurance in Colorado averages $182 a month per person and can easily reach $700 to $1,000 for people older than 55.
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The survey found that 16 percent of Coloradans have no health insurance, and another 17 percent have inadequate insurance, such as deductibles they wouldn't be able to pay. This makes a total of 1.5 million people in the state with inadequate or nonexistent insurance coverage.
The survey also found Coloradans were unrealistic about the cost of insurance. Thirty-five percent of people who said they could pay something for insurance said the amount would be $50 or less a month. Ten percent said it would be $25 or less. In reality, insurance in Colorado averages $182 a month per person and can easily reach $700 to $1,000 for people older than 55.
Related Articles on Coding, Billing and Collections:
Out of Network Illinois Surgery Center Battles Aetna Over $3.4M in Bills
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MGMA Recommends Staggered Implementation of ICD-10 to HHS