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U.S. uninsured rate hits 8%, a post-pandemic high (NYSE:UNH)

August 11, 2024
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U.S. uninsured rate hits 8%, a post-pandemic high (NYSE:UNH)

Charday Penn/E+ through Getty Pictures

The newest CDC knowledge point out that the proportion of Individuals with out medical insurance coverage has climbed to greater than 8% this 12 months, following a streak of report lows through the pandemic.

In line with the company’s quarterly Nationwide Well being Interview Survey, revealed this week, greater than 27M Individuals have been with out medical insurance as of March 2024, implying an 8.2% uninsured price in comparison with 7.7% a 12 months in the past.

Greater than one million working-age adults and 700,000 youngsters youthful than 18 misplaced well being protection over the interval, resulting in the very best uninsured price because the pandemic.

The nationwide uninsured price was hovering at 10% earlier than the general public well being emergency, which required a pause in Medicaid eligibility opinions and expanded the advantages program collectively funded by the states and the federal authorities.

Nonetheless, the state-level redeterminations resumed in April 2023, and because of this, almost 25M Individuals had misplaced their Medicaid protection as of August 1, healthcare coverage group KFF has stated.

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