The Census figures, considered the authority on insurance numbers, showed the first year-to-year increase in the uninsured rate since 2008 to 2009, at the height of the financial crisis and before the ACA became law. Roughly 27.5 million people didn’t have health insurance at any point last year.
The number of people with health insurance declined even while the economy performed well last year. The poverty rate fell .5 percentage points to 11.8 percent, the lowest rate since 2001. Median household income of $63,179 was virtually unchanged after inflation following three years of statistically significant increases.
Still, the nation’s uninsured rate isnt nearly as high as it was a decade ago, before Obamacares enactment in 2010. However, the numbers show that insurance gains under the health care law have stalled and are appearing to reverse as the Trump administration focuses on paring back the laws insurance markets and shrinking enrollment in safety net programs like Medicaid and the Childrens Health Insurance Program.
Its unlikely the coverage decline can be attributed to Congress decision in late 2017 to eliminate Obamacares penalty for not having health insurance. The penalty — which was never much of an effective motivator to purchase insurance — remained on the books until the start of this year, though its possible there was confusion about when repeal took effect.
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You can unsubscribe at any time. The Census data confirmed recent warnings from children’s health care experts about an increase in kids lacking coverage. The uninsured rate among people ages 18 and younger increased .6 percentage points to 5.5 percent, or 4.
3 million children.The childrens uninsured rate started to creep up in 2017 after years of decline, according to earlier research from the Georgetown University Center for Children and Families. "Prior to the Trump administration assuming office, reducing the number of uninsured children was a national success story," said Joan Alker, executive director of the group,.