The national uninsured rate dropped to a record low of 8% in Q1 of 2022, according to a new HHS analysis. The number could increase, however, if Congress fails to extend the enhanced Affordable Care Act subsidies set to expire later this year.
Democrats have attempted to extend the subsidies, but these efforts have failed in the Senate.Approximately 5.2 million people — including 4.1 million adults and 1 million children — have gained coverage since 2020,Uninsured rates among adults aged 18-64 dropped from 14.5% in late 2020 to 11.8% in early 2022. In children ages 17 years old and younger, the number fell from 6.4% to 3.7%.
The largest drop was seen among people living in poverty and those with incomes between 200% and 400% of the federal poverty level."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. "No one should worry about whether they can pay for their doctor or choose between paying rent and filing a prescription. Today, we are closer than ever to making that principle a reality.
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