Uninsured Hispanics, how many and why?
Hispanics represent the largest minority group in our country. Yet, this number is still relatively small as a percentage of our population. Under the numbers presented by our census department, it is approximately 17%. Yet, the number of Hispanics that are uninsured is above 33%. This is a very large number any way you look at it.
Another way is to say that out of the roughly 47 million uninsured Americans, more than 15 million are Hispanics, not counting many illegal immigrants. Why?
The answer is a bit more complex, but be assured that a piece of the answer has to do with the fact that there are not many (if any) carriers that cater to this growing group. This is to say that it has to do with more than just branding a carrier product in Spanish, but adhering to some of the specifics that this demographic group deems important.
Our healthcare industry is now being kicked, sworn at, and made culpable to a lot of our economic ills. Yet, if you look closer maybe part of the reason costs in the aggregate are so high are due in large part to Medicare and Medicaid. These are government run operations. Need I go on!
The Hispanic uninsured market is largely untapped and there is no reason for this other than just it has seemed to have sneaked up on our mainstream society.