The state of California, which runs its own exchange called CoveredCA, said Thursday that more than 200,000 consumers completed their applications between April 1 and April 15. The state has enrolled nearly 1.4 million residents since the sign-up period began.
In a Wednesday blog post at Gallup, there is this bit of startling news:
There has been a statistically significant and meaningfully large decline in the percentage of uninsured U.S. adults. The uninsured rate peaked at 18.0% in the third quarter of 2013, the highest rate measured since Gallup and Healthways began tracking in 2008. The uninsured rate has been consistently trending downward since then, falling to 15.0% in March and further to 12.9% for April 1-14 polling. If the rate for the first half of April holds throughout the month, it will be the lowest monthly uninsured rate in 76 months of tracking.
According to a second Gallup report on Wednesday, 4% of Americans who now have health insurance did not have health insurance last year. That represents about one-third of all Americans who say they enrolled in a new health insurance plan this year. The rest purchased replacement policies.
Another data point from Gallup: the newly insured are “much younger” than the overall U.S. population. The 18- to 29-year-olds account for 30% of all new health insurance enrollees, but only 21% of the overall U.S. population. More than a third of these Americans — 37% — did not purchase their insurance through the Obamacare exchanges, while 24% did.
Perhaps that explains President Obama’s request that his Republican opponents “admit the Affordable Care Act is working. I think we can agree it’s well past time to move on.” Senator Ted Cruz, a Republican from Texas, responded with this tweet: “The repeal debate is far from over.”
ALSO READ: America’s Most (and Least) Healthy Cities
Essential Tips for Investing (Sponsored)
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.