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
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.