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Uninsured Rate Plummets Under Obamacare

The reports — conducted by three major research organizations — aim to measure the early effect of Obamacare’s individual mandate. Most Americans were required to obtain health insurance starting this year.
Here were the results:
— Urban Institute: The uninsured rate fell to 13.9% in June, down from 17.4% at the end of last year. Some 8 million adults gained coverage.
— Gallup: Americans lacking health coverage fell to 13.4% in the second quarter, down from 17.1% at the close of 2013. This is the lowest quarterly rate recorded since Gallup and Healthways began tracking the share of uninsured Americans in 2008.
— Commonwealth Fund: Only 15% of American adults were uninsured in the second quarter, down from 20% in the third quarter of last year. About 9.5 million fewer adults were uninsured, led mainly by young adults age 19 to 34, who saw their uninsured rate drop to 18%, from 28%.

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