June 17, 2003
Running Time: 0:42:33
The value of what the United States loses because of the poorer health and earlier death experienced by the 41 million Americans who lack health insurance is estimated to be $65 billion to $130 billion every year, according to a first-ever economic analysis of the costs of uninsurance for society overall. This lost value is a hidden cost that could be recouped by extending health coverage to all, says a new report from the Institute of Medicine of the National Academies.
Mary Sue Coleman, Ph.D.,
President, University of Michigan
and Co-Chair, Committee on the Consequences of Uninsurance.