Recession Watch: 14,000 Americans a Day Are Losing Health Insurance from Pensito Review

Layoffs are causing as many as 14,000 people to lose their health insurance every day, according to projections by the Center for American Progress and based on Urban Institute research:

Private companies — the health plans — have had at least since 1993 when they killed Hillarycare to come up with a solution. It's been 16 years. Not only have they not solved the crisis, it is getting worse by the minute.

The data [showed that] a 1 percentage point rise in the national unemployment rate causes 2.4 million people to lose employer-sponsored health coverage.

Of these, the think tank said, 1 million people turn to Medicaid or the State Children's Health Insurance Program and 1.1 million end up uninsured.

Data released on Thursday showed U.S. jobless numbers rose to a record high in early February of 4.99 million people, an unemployment rate of 3.7 percent.

The percentage of these uninsured people who will be forced into bankruptcy and maybe homelessness because they can't pay their medical bills is unknown.

rest http://www.pensitoreview.com/2009/02/21/recession-watch-14000-losing-health-insurance-per-day/