Uninsured will keep health costs up

Marketplace Staff Jan 28, 2010

Uninsured will keep health costs up

Marketplace Staff Jan 28, 2010


Kai Ryssdal: Last night in the Capitol, it was, of course, the State of the Union address. After talking about little else lately, President Obama didn’t even mention health care reform until nearly half an hour into the speech. And when he did get to it, he started with a joke.

PRESIDENT OBAMA: And by now it should be fairly obvious that I didn’t take on health care because it was good politics.

And also an apology.

OBAMA: I take my share of the blame for not explaining it more clearly to the American people.

From the Marketplace Health desk at WHYY in Philadelphia, Gregory Warner picks it up from there.

GREGORY WARNER: What President Obama has maybe failed to explain is what health care reform means for the average person. And why the cost of doing nothing falls on all of us.

Marsha Gold is a senior fellow at the Mathematica Institute.

MARSHA GOLD: You know, I’ve been studying health care for 35 years, and I have trouble following it!

But she says some things are clear.

GOLD: The numbers keep going up and the costs keep going up. And it doesn’t get any better.

The easiest explanation? The uninsured. According to the Congressional Budget Office, by the year 2019 there will be 54 million people in the United States without health insurance. Doctors and hospitals pass on those costs in the form of premiums and higher hospital bills.

J.B. Silvers is a professor at Case Western Reserve University.

J.B. SILVERS: That can be up to 10-20 percent of the bill that you’re paying is to cross-subsidize those people that otherwise don’t have insurance, but are still getting care.

The cost of covering the uninsured also falls on taxpayers.

Bob Atlas is a health care analyst in Washington. He says hospitals shift the cost of treating the uninsured to Medicare and Medicaid.

BOB ATLAS: When there’s more uninsured that shows up as government cost.

In the end, Atlas says taxpayers foot the bill for almost half of all health care in this country. That adds to the deficit.

ATLAS: People’s out-of-pocket premium’s going up and the deficit growing are two parts of the same story.

And that’s a story that Democrats hope to tell a lot better.

In Philadelphia, I’m Gregory Warner for Marketplace.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.