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States With Their Own ACA Exchanges Have Lower Uninsured Rates

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According to data released by the Centers for Disease Control, states that run their own health insurance exchange saw a lower average uninsured rate than those states those states who utilize the federal exchanges via HealthCare.gov.

The states that ran their own exchanges saw an average of 8.3% for their uninsured rate, while those states that utilize HealthCare.gov saw an average of 16.1% uninsured rate, almost double the rate of the states that run their own exchanges.

A factor that can be a reason for such a large difference in the uninsured rate can be Medicaid expansion. Almost all of the states that run their own exchange opted to expanded Medicaid. Under Medicaid coverage, Americans whose incomes are 138% of the poverty level receive assistance.

The data from the CDC also found that those who signed up for a private health insurance plan that has a higher deductible grew to 42.8% within the first six months of 2017, compared to 39.4% in 2016. This number has grown since 2010.

Overall, 9% of Americans, which is 28.8 million people, are reported to be uninsured within the first six months of 2017. The uninsured rate for Americans aged 18 to 64 is 12.5%.

Read the original article from Modern Healthcare here.

 

The post States With Their Own ACA Exchanges Have Lower Uninsured Rates appeared first on CHMB Inc..


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