The number of U.S. adults without insurance continued to decline to historically low rates in the first quarter of 2022. Uninsured children rose slightly from 4Q21 to 1Q22, but remained at historically low levels. The cause appears to be amped up government subsidies for insurance policies available to individuals and families through the Affordable Care Act market.
That's what a report from the U.S. Health and Human Services Department concludes. Based on HHS's analysis of data from the Centers for Disease Control and Prevention,
the report tracks insurance coverage for those not covered by employer plans. The expanding availability of Medicaid coverage, plus further premium subsidies from the American Rescue Plan, were cited by the report as coinciding with the declines.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.