Commonwealth Fund Report Details US Lack of Universal Health Coverage
What happened
The Commonwealth Fund released a report detailing US health coverage, noting that the United States is the only high-income country without universal health coverage, a system where the government ensures access without financial hardship. The report stated that approximately 26 million Americans, or 8% of the population, lacked health insurance in 2023, according to a 2024 Commonwealth Fund report.
From northernstar.info
Why it matters
Despite having a gross domestic product exceeding $30 trillion, the US lacks universal healthcare. The inability to pay medical bills is cited as contributing to over 530,000 personal bankruptcies annually, based on findings from a 2019 journal article.
The Commonwealth Fund has analyzed the healthcare systems of wealthy nations, including the USA.
From northernstar.info
Who's involved
- Commonwealth FundAmerican foundation that released the report on US health coverage
- Sara CollinsSenior scholar at the Commonwealth Fund contributing to its research
- Kunal PatelResearcher who commented on US healthcare costs
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The entities involved
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Kunal Patel
researcher
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Commonwealth Fund
American foundation