Uninsured numbers falling fast

Uninsured numbers falling fast

The number of uninsured Americans is dropping quickly thanks to the Affordable Care Act, Obamacare.

The Chairman of the White House Council of Economic Advisers, Jason Furman, says “that the nation’s uninsured rate is now at or near the lowest levels ever recorded across the slightly more than 50 years for which we have data.”

Only 11.3% of Americans were without some form of insurance in the first half of 2014.  That is down 3.1% from before November of 2013 when the Marketplaces went live (well sort of).  9.7 million people enrolled in health insurance through Obamacare during the open enrollment period earlier this year.  The first month of this open enrollment had another 2.5 million people sign up for insurance for the first time through the Marketplace.

And small businesses are doing their part in helping employees obtained health insurance.  They are doing this by offering group health insurance through the SHOP (Small Business Health Options Program) Marketplace, through retail group insurance plans off the Marketplace or simply helping their employees enroll in the individual Marketplace.

You can find more information about SHOP here.

For more information about any of these small business options, please contact Brad Zaba (brad@scsbc.org) or 803-252-5733.