Obamacare: Still Working, Still a Pretty Good Bargain

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This week the CDC confirmed what we already knew: the rate of uninsurance has dropped dramatically since Obamacare started up. It’s gone from about 20 percent in 2013 to 13 percent in the first quarter of this year (chart at top right). This matches the Gallup data that we get quarterly, which shows a drop from about 18 percent to 12 percent (chart at bottom right). Note that the Gallup numbers are about 2 points lower across the board because Gallup surveys everyone over 18, including seniors on Medicare, who are 100 percent covered. The CDC counts only adults aged 18-64.

Either way, this comes to about 16 million adults who now have health insurance who were previously uncovered. And the number would be even higher if so many red states weren’t refusing to expand Medicaid.

And the cost of all this? About $70 billion, according to the Congressional Budget Office. That’s roughly $4,000 per person. Not a bad deal.

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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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