HealthCareInsider survey finds many Texans don't have health insurance and many have medical debt bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
With one-fifth of the nation’s medically uninsured, Texas has by far the largest healthcare insurance problem in the U.S.
Two years ago, the Texas Alliance for Health Care (which includes the Texas Medical Association) issued a report, “The Impact of Uninsurance on Texas’ Economy.” It stated that there were 5 million Texans without insurance and that number would grow to over 6 million by 2040 if there was no change. It also stated that the cost of uncompensated care (63% due to the medically uninsured) to Texas hospitals/MDs would rise to over $12 billion by 2040 from $3.5 billion in 2019. Of course, to offset these loses, costs to insured Texas patients will rise.