Americans who do not possess health insurance will be spending $30 billion from their own resources and an additional cost of their medical care will amount to $56 billion, says a new report.

A study undertaken by the George Mason University and Urban Institute reports that in 2008 an extra $56 billion will be spent in providing healthcare to uninsured Americans, of which 75 percent or $42 billion will be footed by the government. While the rest will be covered by hospitals, community groups and private physicians, uninsured patients will have to spend $30 billion from their own pockets.

The report which was published in Health Affairs, a journal detailing health policies, further points out that problems of high health care costs and absence of medical insurance will only get worse with time. The chief author of the report, Jack Hadley predicted that the number of Americans without health insurance is set to touch 49 million and estimated that around 16 percent of the population is without coverage.

The authors of the reports have estimated that if the uninsured Americans are brought under health coverage through private or public insurance, it will add another 5 percent to national spending on health costs. However a wider medical coverage will not only mean good health for a majority of the population but also raise productivity levels and bring in more tax revenue for the government.