One-Third of Uninsured Americans Plan to Remain Uninsured

NEW YORK, March 17, 2014 /PRNewswire/ — One-third of uninsured Americans plan to remain uninsured despite the Affordable Care Act’s requirement that they obtain health insurance or pay a fine, according to a new Bankrate.com (NYSE: RATE) report. The most common explanation (given by 41% of respondents who plan to stay uninsured) is that health insurance is too expensive. However, a whopping 70% of uninsured Americans do not know about the subsidies that reduce the cost of health insurance.

Read more…