Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Bankrate Inc    RATE

Delayed Quote. Delayed  - 07/27 10:02:05 pm
8.05 USD   -1.11%
07/26 BANKRATE : ¿Regalo$ por abrir una cuenta? Sepa cuándo merece la pena
07/23 BANKRATE : Ride-sharing Desperately seeking drivers, Uber and Lyft o..
07/23 BANKRATE : The millennial generation may be better at saving than mo..
News SummaryMost relevantAll newsSector news 

Bankrate Inc : Half of Americans With Employer-Based Health Insurance Are Paying More As Obamacare Kicks In

share with twitter share with LinkedIn share with facebook
share via e-mail
01/08/2014 | 02:01pm CEST

NEW YORK, Jan. 8, 2014 /PRNewswire/ -- About half (47%) of Americans with employer-based health insurance say more money is being taken out of their paychecks each month for health insurance than a year ago, according to a new Bankrate.com (NYSE: RATE) report. Forty-four percent are experiencing higher out-of-pocket expenses, including deductibles and copayments, compared to one year ago.

(Logo: http://photos.prnewswire.com/prnh/20130805/FL58072LOGO )

Upper-middle-income Americans with employer-based health insurance (annual household incomes between $50,000 and $74,999) are the most likely to report more money being taken from their paychecks and higher out-of-pocket expenses. Overall, respondents in this group feel the hardest hit by Obamacare. Out of all income levels, they are the most likely to feel that the law has had a negative effect on their health insurance (47%).

While many feared losing family coverage as a result of the Affordable Care Act, very few employers have taken this step (less than one in 10 Americans with employer-based health insurance lost coverage for a spouse or child this year). And only two in 10 Americans with employer-based health insurance now have fewer doctors included in their plans.

"Since so much of the Obamacare conversation has focused on uninsured Americans and the government-run exchanges, it's easy to forget most Americans - about 150 million - get their health insurance from an employer," said Bankrate.com insurance analyst Doug Whiteman. "People covered under these plans should watch for changes and discuss with their employers how Obamacare may affect their coverage and costs. In some cases, getting insurance through the health exchanges could be more cost-effective, so it is important to research all possibilities."

Additional findings:

    --  More than half (52%) of females with employer-based coverage report
        higher out-of-pocket expenses, compared to only 35% of males.
    --  Forty-eight percent of Americans want to repeal Obamacare and only 38%
        want to keep it. When Bankrate.com last asked this question (in late
        September), 46% of Americans wanted to repeal Obamacare and 46% wanted
        to keep it.
    --  Americans feeling more negative about the law currently outnumber those
        feeling more positive by a two-to-one margin (31% to 15%).

These results comprise Bankrate.com's Health Insurance Pulse, a monthly survey that tracks how Americans are feeling about health care and their personal finances. The survey was conducted by Princeton Survey Research Associates International (PSRAI) and can be seen in its entirety here:


Click here to tweet:


PSRAI obtained telephone interviews with a nationally representative sample of 1,005 adults living in the continental United States. Interviews were conducted by landline (500) and cell phone (505, including 245 without a landline phone) in English by Princeton Data Source from December 19-22, 2013. Statistical results are weighted to correct known demographic discrepancies. The margin of sampling error for the complete set of weighted data is plus or minus 3.6 percentage points.

About Bankrate, Inc.

Bankrate is a leading publisher, aggregator, and distributor of personal finance content on the Internet. Bankrate provides consumers with proprietary, fully researched, comprehensive, independent and objective personal finance editorial content across multiple vertical categories including mortgages, deposits, insurance, credit cards, and other categories, such as retirement, automobile loans, and taxes. The Bankrate network includes Bankrate.com, our flagship website, and other owned and operated personal finance websites, including CreditCards.com, Interest.com, Bankaholic.com, Mortgage-calc.com, CreditCardGuide.com, Nationwide Card Services, InsuranceQuotes.com, CarInsuranceQuotes.com, InsureMe, Bankrate.com.cn, CreditCards.ca, NetQuote.com, and CD.com. Bankrate aggregates rate information from over 4,800 institutions on more than 300 financial products. With coverage of nearly 600 local markets in all 50 U.S. states, Bankrate generates over 172,000 distinct rate tables capturing on average over three million pieces of information daily. Bankrate develops and provides web services to over 80 co-branded websites with online partners, including some of the most trusted and frequently visited personal finance sites on the Internet such as Yahoo!, AOL, CNBC, and Bloomberg. In addition, Bankrate licenses editorial content to over 500 newspapers on a daily basis including The Wall Street Journal, USA Today, The New York Times, The Los Angeles Times, and The Boston Globe.

For more information:

Caroline Farhat
Bankrate, Inc.
(917) 368-8638

SOURCE Bankrate, Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on BANKRATE INC
07/26 BANKRATE : ¿Regalo$ por abrir una cuenta? Sepa cuándo merece la pena
07/23 BANKRATE : Ride-sharing Desperately seeking drivers, Uber and Lyft offer car opt..
07/23 BANKRATE : The millennial generation may be better at saving than most of us
07/22 BANKRATE : Desperately seeking drivers, Uber and Lyft offer car options
07/19 BANKRATE : 54 Million Americans Prefer Cash as a Long-Term Investment
07/15 BANKRATE : Mortgage Rates at 2nd-Lowest Level on Record
07/13 BANKRATE : Top Checking Account Sign-up Bonuses Available Right Now
07/07 BANKRATE : Mortgage Rates at 2nd-Lowest Level on Record
07/06 BANKRATE : Only 1 in 3 Millennials are Investing in the Stock Market
06/30 BANKRATE : Mortgage Rates Plunge to 3-year Low Following Brexit Vote
More news
Sector news : Financial Information Providers
07/27DJChina's LeEco Buys U.S.-Based Vizio -- WSJ
07/27DJLG Display to Invest $1.75 Billion in OLED Display Production
07/26DJChina's LeEco to Buy Vizio for $2 Billion
07/26DJMSCI : Saudi Regulator to Accelerate Plans Easing Foreign Investment Restriction..
07/26DJIHS MARKIT : BOE's Weale Shifts Stance on Stimulus Following Brexit Impact
More sector news : Financial Information Providers
News from SeekingAlpha
05/17 Bankrate comes to terms on $20M settlement of securities class action
05/05 Bankrate (RATE) Kenneth S. Esterow on Q1 2016 Results - Earnings Call Transcr..
05/05 Bankrate beats by $0.04, beats on revenue
04/10 My Top Internet Software & Services Stocks For 2016
03/01 High Risk, High Reward At Bankrate