Young Dropping Coverage as Uninsured Grows By 2 Million

12 July, 2017, 05:55 | Author: Becky Perry
  • Young Dropping Coverage as Uninsured Grows By 2 Million

"Although the increase in the uninsured rate from the end of 2016 to Gallup's most recent update is small on a percentage basis, it is statistically significant given the very large sample sizes involved, and translates into almost 2 million Americans who, apparently, have already dropped out of the insured ranks", Gallup's Zac Auter said. That's an increase of about 2 million people, said Dan Witters, the index's research director.

The report suggests that there may be factors in the Obamacare marketplace that are making the uninsured rate increase.

Gallup noted that several distinct obstacles, which have been caused nearly exclusively by Obamacare, are likely to blame for the uptick in the uninsured rate.

"Rising insurance premiums could be causing some Americans to forgo insurance, especially those who fail to qualify for federal subsidies", the survey said. The post also cited uncertainty in Washington as a possible factor.

"There is enough uncertainty to make people wander away", said Witters. This is an increase of less than a percent since the record low of 10.9% in the third and fourth quarters of 2016, but it's statistically significant based on the volumes of people involved.

The Republican-controlled Senate is now struggling to pass its Obamacare replacement plan, with at least two GOP senators claiming the bill is "dead". The House passed its version in May. Also deleted was a sentence referring to the Congressional Budget Office's estimation that 22 million people would lose coverage under the GOP's proposed plan.

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The increase in the uninsured has been concentrated among young adults, ages 26 to 34, Gallup found.

"It does not appear that the enrollees today are noticeably sicker" than they were past year, the Kaiser report finds. In 2014, the ACA's individual mandate required Americans to obtain coverage or pay a tax penalty.

The U.S. uninsured rate rose in the second quarter of 2017.

The article on the poll also noted that the success of government-run health care relies on redistribution of financial responsibility for one's healthcare costs from individuals to healthy young people subsidizing the cost of health care for older people and for unhealthy younger people through higher premiums.

The report noted that a few areas of the country could have no insurers offering exchange coverage next year. The share who pay for their own plan - many of which are bought on the exchanges - fell 0.7 percentage points since the end of 2016.


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