Obamacare Is Working – Even For Republicans

Obamacare Is Working – Even For Republicans
July 10 01:00 2014

Major New Study Says Obamacare Is Working ? Even For Republicans

The Affordable Care Act has been successful at achieving some major goals in the first year of its full implementation, according to a new study from The Commonwealth Fund.

There are three important findings from the study: The uninsured rate is dropping, most people like their new insurance plans (even Republicans!), and most people are finding it easy to visit a doctor.

The study found the uninsured rate in the U.S. declined by one-quarter over the last nine months, which included the law’s first, six-month open-enrollment period in which individuals could sign up for private insurance plans through exchanges established by the law.

From the July-to-September 2013 period to the April-to-June 2014 period, the uninsured rate of people between the ages of 19-64 dropped from 20% to 15%, according to the study. The research found 9.5 million people gained insurance, either through the exchanges or through the law’s expansion of the federal Medicaid program.

The decline in uninsured was seen across different age groups and races, though the drop was disproportionately high among the young (-10%) and Latinos (-13%). It was disproportionately low among African-Americans — the decline was only 1%.

The findings show the law has been successful at reducing the uninsured rate among the poor — which was, of course, one of its main goals:…

Read full story at Business Insider
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