Number of Uninsured Decreasing Due to ACA and Medicaid
|September 12, 2012||Posted by Kiwon Yoo under Blog||
New data from the US Census Bureau found that 1.4 million more Americans have health insurance in 2011 compared to 2010, with the proportion of uninsured decreasing from 16.3% to 15.7%. This rise reverses a 3-year trend of rising uninsured rates, which had risen from 14.8% in 2008 to 16.3% in 2010 during the recession.
Census officials attribute this decrease to both the ACA and Medicaid. The ACA’s provision to allow young adults (18-26 years of age) to remain on their parents’ insurance plans was responsible for 3 million young adults gaining coverage.
An increase in Medicaid beneficiaries was partly responsible for the decrease of uninsured rates as well. More lower-income Americans gained coverage, with those earning less than $25,000 annually seeing the largest decline in uninsured rates.
More information from the Census Bureau is available online.