Uninsured Climbs, Putting Pressure on Providers

The nation's uninsured continued to climb in 2011, putting more financial pressures on the hospital sector, reported Politico.

The percentage of the nation's inhabitants lacking health insurance rose to 17.1 in 2011, or about 51 million people in all. That's the fourth straight year the percentage has risen. In 2007, the rate of uninsured was 14.8%.

Demographically, the biggest increases in uninsured occurred among Asian-Americans and Latinos, and those who earn less than $36,000 a year. Those few groups that reported increases in coverage included individuals earning more than $90,000 a year, those between the ages of 18 and 25, and those age 65 and over.

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Source: FierceHealthFinance