Final answer:
In the U.S., about 26 million people were uninsured in 2019, increasing to 31 million in 2020. The main reasons for not having health insurance include cost, lack of awareness, eligibility issues, and employment factors. Not having health insurance can result in financial burdens and limited access to healthcare services.
Step-by-step explanation:
Population of Uninsured People in the U.S.
In 2019, about 26 million people, or 8 percent of U.S. residents, had no health insurance. This number increased to 31 million in 2020. Additionally, several more million had health insurance for part of the year.
Reasons for Not Having Health Insurance
One of the main reasons for not having health insurance is the cost. Many uninsured individuals find it difficult to afford health insurance premiums and other medical expenses. Lack of awareness, eligibility issues, and employment factors can also contribute to the lack of health coverage.
Financial Consequences of Not Having Health Insurance
Not having health insurance can result in financial burdens for individuals and their families. Without insurance, people face the risk of high medical bills, which can lead to debt and bankruptcy. In addition, uninsured individuals may have limited access to healthcare services and may not receive necessary medical attention on time.