In 2008, the average uninsured adult aged 55-64 would have had to spend almost a quarter (23%) of their pre-tax family income for an individual plan or 40% of their income for a family plan.
The average family income for currently uninsured early retirees is too low to afford premiums in the non-group market. In 2008, the average uninsured adult aged 55-64 would have had to spend almost a quarter (23%) of their pre-tax family income for an individual plan or 40% of their income for a family plan.[i]
[i] Jacobson G, Schwartz K, and Neuman T. “Health Insurance Coverage for Older Adults: Implications of a Medicare Buy-In.” The Henry J. Kaiser Family Foundation. May 2009. Available at: http://www.kff.org/healthreform/upload/7904.pdf
National Coalition on Health Care
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Tel: 202.638.7151 Fax: 202.638.7166
