The share of Americans without health insurance fell in 27 states last year as unemployment remained remarkably low and the number of people on Medicare grew as the Baby Boom generation continued to retire.
Massachusetts led all states with only 2.4% of its residents uninsured. The U.S. Census Bureau said the highest uninsured rate was in Texas where 16.6% of people lacked health insurance, but even that was an improvement over the state's 18% rate two years ago.
More people were insured through work last year and public insurance coverage expanded as the nation's population continues to age. But the story differed from state to state.
"For seven of the states with lower uninsured rates in 2022, the difference was driven by increased private coverage. For 10 states, the uninsured rate decrease was related to increased public coverage," said David Waddington, chief of the Social, Economic, and Housing Statistics Division at the Census Bureau. In three particular states — Missouri, New York, and Virginia — the decline in the uninsured rate was a result of increases in public coverage that outweighed decreases in private coverage.
Supply problems and insurance issues make popular weight-loss drugs hard to get
State Health Plan report accuses NC hospitals of 'massive' price markups
Advisor News
- The conversation almost no advisor is having yet
- Why advisors should offer retirement-longevity planning
- A hybrid approach outperforms the 4% Rule, researchers find
- The missing piece in most retirement plans
- Clients are bringing TikTok insurance advice into advisor meetings
More Advisor NewsAnnuity News
- Sammons Enterprises & Sammons Financial Group Respond to Reports
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
- Investigation finds deceptive sales, churning of annuities targeting postal workers
- Corebridge annuity sales slip ahead of Equitable marriage
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- Americans without children are less confident about retirement, Allianz finds
- The conversation almost no advisor is having yet
- DELAWARE INSURANCE DEPARTMENT DETAILS REVIEW OF BRIGHTHOUSE ACQUISITION
- Sammons Enterprises & Sammons Financial Group Respond to Reports
- Court losses bring Greg Lindberg fraud victims closer to restitution
More Life Insurance News