Share and Number of People Without Health Insurance Fall to Historic Low
The share of Americans without health insurance fell to an historic low in 2016, the
The 2016 uninsured rate and number were record lows (with data that date back to 1997) and the number of uninsured has fallen by 20 million since 2010 when the ACA's first provisions went into effect, based on data from the
Today's CPS data also show that the share of Americans enrolled in public coverage rose from 34.6 percent in 2013 to 37.3 percent in 2016, while the share with private coverage rose from 64.1 percent to 67.5 percent. The growth in public coverage was due to the ACA's Medicaid expansion and the further aging of baby boomers into Medicare eligibility. The growth in private coverage occurred in individual market coverage (while employer-sponsored coverage remained flat), likely reflecting the ACA's subsidies to help people with modest incomes buy coverage through the health insurance marketplaces.
While the uninsured rate fell for the overall population, certain groups experienced particularly big declines in 2016:
* Young adults aged 19 to 25, from 14.5 percent to 13.1 percent.
* Part-time workers, from 15.8 percent to 14.8 percent.
* Non-Hispanic whites, from 6.7 percent to 6.3 percent.
A growing body of research highlights the significant short- and long-term benefits of health coverage for the uninsured. For example, studies show that Medicaid coverage expands access to health care providers and services, improves health, increases preventive care and screenings, and reduces financial hardship. It also improves children's long-term educational outcomes and earnings as adults.
Similarly, the
This historic progress in expanding health coverage, however, is in serious jeopardy.
See the graph here (https://www.cbpp.org/blog/share-and-number-of-people-without-health-insurance-fall-to-historic-low)
Fewer in NJ have no health insurance; will it last?
Mount Sinai Health System Selects TIAA as Sole Recordkeeper
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News