US uninsured rate hit record low last year, new federal data show

In the first nine months of 2016, just 28.2 million Americans, or 8.8 percent, were uninsured, according to survey data from the CDC. That’s 20.4 million fewer Americans than in 2010, when the ACA was signed into law, and 0.4 million fewer Americans than in 2015.

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The finding marks a record low for the nation’s uninsured rate, reports the Los Angeles Times.

Here are four other survey findings.

1. In the first nine months of 2016, among adults aged 18 to 64, 12.3 percent were uninsured, 20.3 percent had public coverage and 69 percent had private coverage, survey data show.

2. Among adults aged 18 to 64, the percentage with private coverage through the health insurance marketplace or state-based exchanges has not changed significantly — from 4.9 percent (9.5 million) in the third quarter of 2015 to 4.8 percent (9.4 million) in Q3 of last year.

3. In the first nine months of 2016, among children up to age 17, 5 percent were uninsured, 43.4 percent had public coverage and 53.5 percent had private coverage, according to survey data.

4. In the first nine months of 2016, 39.1 percent of Americans under age 65 had private insurance and were enrolled in a high-deductible health plan, compared to 36.7 percent in 2015.

 

 

More articles on healthcare finance:

100 things to know about Medicare reimbursement | 2017
Kaiser Permanente operating income grows as membership booms
A state-by-state breakdown of hospital adjusted expenses per inpatient day

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