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The law caused a significant reduction in the number and percentage of people without health insurance. The CDC reported that the percentage of people without health insurance fell from 16.0% in 2010 to 8.9% from January to June 2016. [201] The uninsured rate dropped in every congressional district in the U.S. from 2013 to 2015. [202]
Health insurance companies become subject to a new excise tax based on their market share; the rate gradually rises between 2014 and 2018 and thereafter increases at the rate of inflation. The tax is expected to yield up to $14.3 billion in annual revenue.
Gallup estimated in July 2014 that the uninsured rate for adults (persons 18 years of age and over) was 13.4% as of Q2 2014, down from 18.0% in Q3 2013 when the health insurance exchanges created under the Patient Protection and Affordable Care Act (PPACA or "Obamacare") first opened. The uninsured rate fell across nearly all demographic groups.
Health care activists lift signage promoting the Affordable Care Act during a rally as part of the national "March for Health" movement in front of Trump Tower on April 1, 2017, in New York City ...
In 2024, of the 21.6 million Americans who purchased health insurance plans from ACA marketplaces, 20.1 million received enhanced subsidies, according to the CBO.
Here's what will change when the nation's largest insurer leaves Obamacare. The country's largest health-insurance company is almost entirely quitting Obamacare. SEE ALSO: Obamacare is nowhere ...
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