Rate of Uninsured Adults Is at a Low of 13.4 Percent

By on

The first open enrollment for individual health insurance through the Affordable Care Act ended in April. It appears it had the impact proponents of Obamacare were hoping for.

After peaking at 18 percent in 2013, the uninsured rate among U.S. adults has held steady at 13.4 percent since April, a new poll shows. It’s the lowest it’s been since 2008, when Gallup started tracking this.

According to the new Gallup poll, the uninsured rate declined most among blacks and Hispanics. InsuranceNewsNet said:

The uninsured rate decreased more among blacks than it did in other major demographic groups, falling 6.2 percentage points to 14.7 percent.

The uninsured rate among Hispanics was down 5.6 percentage points since the end of 2013, down to 33.1 percent.

Young adults continue to shy away from health coverage. According to Gallup, about 23.9 percent of 26- to 34-year-olds lack insurance.

Younger adults, who tend to be healthier and whose participation in the health insurance system is important to help keep costs down, are another key group targeted by outreach efforts. Those aged 26 to 34 years, however, continue to have the highest uninsured rate among all age groups.

The Huffington Post noted a significant drop in the uninsured rate for households earning less than $36,000 per year. “That percentage fell to 24.7 percent, down six points from the end of 2013 — but still much higher than the national rate,” HuffPo said.

Gallup also notes that studies have shown that most newly insured Americans have paid their insurance premiums thus far. With the uninsured rates leveling off for now, Gallup said:

It remains to be seen if the uninsured rate will stay at this level, increase, or decrease between now and mid-November, when the next open enrollment begins. The rate could drop if more states elect to expand Medicaid. Gallup research shows that the uninsured rate, on average, has dropped more in states that have elected to expand Medicaid and run their own health care exchanges than in states that have not.

What do you think about Obamacare? Has it helped you or your family? Share your thoughts below or on our Facebook page.

Sign up for our free newsletter

Like this article? Sign up for our newsletter and we'll send you a regular digest of our newest stories, full of money saving tips and advice, free! We'll also email you a PDF of Stacy Johnson's "205 Ways to Save Money" as soon as you've subscribed. It's full of great tips that'll help you save a ton of extra cash. It doesn't cost a dime, so why wait? Click here to sign up now.

Check out our hottest deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,303 more deals!

Comments & discussion

We welcome your opinions, but let’s keep it civil. Like many businesses, we reserve the right to refuse service to anyone. In our case, that means those who communicate by name-calling, racism, using words designed to hurt others or generally acting like an uninformed bully. Also, comments that include links to email addresses or commercial websites typically aren't posted. This isn't a place to advertise your business.

  • nitemare2

    So this proves what that the ACA is working? Not really it proves that the amount of people getting subsidies and free Medicare are continuing to feed off those who work and have to pay extra. You or I should say that the article you copied from stated that those young healthy people needed to make the ACA work continue to avoid getting insurance from the Govt. controlled plans. So how long before the President and Harry Reid decide to raise taxes on everyone to pay for the bill, and how high do they go? I know you are pro big Govt and want a nanny state but how much are you willing to pay or are you like most liberals and expect someone else to pay?

  • Joseph Freitas

    The ACA is more wealth distribution. This program is just another means to destroy the middle class and pull more money into our evergrowing and oppressive govt. It seems like if you make 40k these days and someone else makes 25k by the time the taxes are settled the split is more like 30/30 Eventually, there will be a ruling elite and everyone else with no resources to fight them. *Please do not argue with me that everyone deserves health care. They do. However, they don’t deserve cars, phones, etc that they buy in place of buying healthcare. Priorities.