The number of uninsured Americans has hit a five-year low — but don't go thanking the president just yet.

That's the word from Gallup, which reported Wednesday that 16 percent of adults are uninsured, down from 17.1 percent in the fourth quarter of 2013.

"While more than a month remains in the first quarter, these preliminary data show the uninsured rate appears to be on track to drop to the lowest quarterly level measured since 2008," Gallup researchers reported.

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