Rise in US Uninsured Rate Predicted to Reach 8.9% in Next Decade, Congressional Budget Office Reports

Reported 8 months ago

The Congressional Budget Office projects that the rate of uninsured Americans will increase to 8.9% by 2034 from 7.7% in 2024, with factors like rising immigration and policy changes impacting eligibility for federal health programs. The shift is expected to particularly impact the 19-to-24 age group and immigrants, with the uninsured rate stabilizing around 9% by 2034. This change is influenced by factors like the termination of Medicaid enrollment requirements and the expiration of subsidies on Obamacare plans, affecting younger adults' insurance coverage.

Source: YAHOO

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