The decline in the number of uninsured Americans, which began last year has reached a new low of 8%, helped by lower health care premiums and out-of-pocket costs.
The number of Americans with health insurance continues to rise, as the number of those without health insurance coverage hits an all-time low.The decline in uninsured Americans began last year, when Congress andon a $1.9 trillion coronavirus relief bill that lowered premiums and out-of-pocket costs for new or returning customers purchasing plans through the Affordable Care Act’s private health insurance markets.
FILE - Health and Human Services Secretary Xavier Becerra speaks during a news conference June 28, 2022, in Washington. The number of people living in America without health insurance coverage hit an all-time low of 8 percent this year.The uninsured rate fell to just under nine percent last year with the improved subsidies. The improvement was helped by an increase in advertising and more counselors who helped sign up people for plans during the open enrollment season last year.
President Joe Biden talks about a new plan to expand mental health and drug abuse treatment during his State of the Union address. "Every American has the right to the peace of mind that comes with access to affordable, quality health care," President Biden said in a statement Tuesday about the record-low rate of uninsured Americans.The number of uninsured Americans began dropping after the ACA, which expanded Medicaid and offers health insurance to people who lack job-based coverage through a mix of subsidized private plans, was enacted in 2010.
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