Daniel Touizer, CEO of Cinergy Health, a nationwide provider of guaranteed issue health insurance benefit programs, is concerned that the labor department's recently released U-6 number means nearly one in five Americans are without a full-time job and unlikely to have health insurance.
"True unemployment rates are determined by the U-6 number, which has spiked to 17.5%, the highest rate in over 20 years," says Daniel Touizer. "These statistics are alarming as it means that many Americans do not have access to affordable health insurance from their employers and are at extreme financial risk if something goes wrong. Though there are often extensions available for recently laid-off employees, such as COBRA, the premiums are often much higher than someone who is unemployed can or is willing to afford. But affordable options do exist; Americans simply need to know where to look and how to understand the limits that exist in these relatively inexpensive health plans."
Cinergy Health offers unique, affordable alternatives to exorbitant insurance premiums for individuals and families, regardless of income or health condition. Plans are designed to encourage people to seek care when needed, not to delay or deter them such that their condition could worsen.
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