doc.jpgAs the Supreme Court reviews President Obama’s health care reform initiative, it’s a good time to look at the reality of what workers face when it comes to medical coverage in this country.

Whether you agree with the health care overhaul or not, there’s consensus that things can’t continue the way they have been when it comes to medical care and insurance.

It’s not a good story for anyone. If you’re lucky enough to have a job that covers health care there’s a good chance you’re paying more this year for less coverage. And if you don’t have any insurance through an employer, you’re likely strapped because of the high premiums for individuals or you’ve decided to go without coverage.

It seems most of us are living on the medical edge, according to a report.

“Six out of ten American workers do not have a financial plan in place to deal with an unexpected and costly life event such as a medical emergency,” reports an Aflac study.


* 51 percent of workers said they are not very or not at all prepared to pay for out-of-pocket expenses not covered by major medical insurance.
* 31 percent have less than $500 in savings for emergency expenses.

“About half of the workers we surveyed said they’re already struggling with financial stress,” said Audrey Tillman, executive vice president of Corporate Services at Aflac. “It shows how close to the edge many people are and how an unexpected accident or illness could make things even more challenging, financially.”

It’s a sad state of affairs for one of the richest countries in the world, and given escalating health care costs the problems are probably going to get worse in the years ahead.

We should all pay attention to what the Supreme Court justices decides. If indeed reform is struck down, which some experts are predicting, the next question should be: “Now what?”

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