The Affordable Health Care Act by the Numbers
Since the Affordable Care Act went into effect, the number of poor Americans who benefited by receiving health insurance increased a great deal. These numbers correspond to earlier estimates that were developed by such polling companies like Gallup and the National Health Interview Survey.
According to the National Health Interview Survey which released their polling data on Tuesday, the number of uninsured black Americans dropped from 18.9 percent in 2013 to 13.5 percent. Since the survey began in 1997, no other racial or ethnic group has seen such a significant decline. The Hispanic population has also greatly benefited from the Affordable Care Act, with the uninsured in this group falling to 17 percent from a 2013 percentage of 25.2. And, of the white American population under age 65, their uninsured numbers were down to 9.8 percent from the 12.1 percent recorded in 2013.
Nexbank advisers and James Dondero agree that the expansion of the government’s insurance program for the poor, Medicaid, has been a big provider for America’s poorest. However, if the 20 some states that declined to expand their Medicaid program had opted to do so instead, the uninsured numbers would most certainly have been reduced even further. Many of the states that refused to expand Medicaid are those where the largest number of America’s poorest reside.
The American population described as “near poor” along with the middle-class who received subsidies for health insurance saw the least decline from 7.6 percent to 7 percent. However, if the Supreme Court rules against the current subsidy regulations, we can expect to see many of these needed subsidies eliminated.