Impact of Unemployment on Healthcare Insurance

The interpretation of unemployment statistics requires information on both unemployment and labor force participation. For example, if the number of people participating in the workforce decreases, and the number of people out of work or seeking work remains the same, the unemployment rate will rise. People who are unemployed have poorer physical and mental health than people who are employed. High unemployment rates usually mean that a large number of jobless workers and their families …

…to other patients with health insurance and/or who can pay for treatment." (Schreck, 2001). References Owcharenko, N. & Moffit, R. (2003). How the President's Health Care Plan Would Expand Insurance Coverage to the Uninsured. The Heritage Foundation. Retrieved on April 25, 2005 from the World Wide Web: http://www.heritage.org/Research/HealthCare/ bg1636.cfm Schreck, D. (2001). Shifting costs isn't good management. Retrieved on April 25, 2005 from the World Wide Web: http://www.strategicthoughts.com/record2001/costshift.html