14 million Americans are out of work and 45.6 million are uninsured. It's a risky combination, but there are ways to find financial freedom.
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Carol Peloquin: I don't have any. Female Speaker : Carol Peloquin has said those words time and again. Carol Peloquin: I can't afford it. I can't afford it. Female Speaker: Carol is part of a growing demographic, young and uninsured. She just graduated with the Masters in Social Work. Carol Peloquin: I went to the emergency room and I was slammed with a twenty-five hundred dollar bill. Female Speaker: Carol is not alone, college grads will be joining 14 million people who are out of work. 45.6 million Americans are uninsured, 8.1 million are children. Even one in five people who are working aren't covered. President Obama, wants Universal Healthcare with an option for workers to continue their current employer offered benefits, but for Scott Dauphinee it's too late. Scott Dauphinee: You know I'm angry that why did it have to happen to me. Female Speaker: $60,000 in the Red, he and his wife were forced into bankruptcy. Judith Ann Dauphinee: Well, that's the price you have to pay. We did we have to do. Female Speaker: So what are your options? If you gave up on Cobra because it was too pricy, check again, instead of charging 102% of the cost now Cobra users get a 65% subsidy for 9 months. Also, check out your State's coverage policy. You may qualify for continuation coverage based on your past job. HIPPA also offers insurance for some people who lose group coverage. Scott Dauphinee: It's a lifelong thing now from now on for the rest of my life all these pills. Female Speaker: Scott and Carol don't want a handout. They want help from a system that needs it as well. Carol Peloquin: Do something, there has got to be something that can be done. Female Speaker: This is Casey Taylor reporting.