Published Date : Jul 24, 2014
According to a study by published by Harvard, about 10.3 million Americans over the age of 18 have been covered under Obamacare since enrollment kicked off in October 2013. The biggest gains have been recorded among Hispanics and young adults, the study, published Wednesday by the Harvard School of Public Health in association with the Women’s Hospital in Boston, said. Researchers found that there was a 5.2% drop in the number of uninsured Americans since September 2013 for American in the age bracket of 18 to 64 years.
The study was published in the New England Journal of Medicine. It also reported evidence that a higher number of Americans had a personal doctor, and that there were fewer problems in paying for healthcare within the first six months of obtaining insurance.
President Barack Obama’s signature law, known as Obamacare, offers private insurance coverage that is federally subsidized via online insurance marketplaces.
During a six-month open enrollment window for the private plans, over 8 million Americans reportedly signed up for the private plans through online insurance marketplaces, according to the U.S. Department of Health and Human Services. According to official data, an additional 7 million people are reported to have gained coverage under Medicaid. However, the data also includes those who have renewed their existing Medicaid programs, and not just new enrollments. However, the data doesn’t comprise about 3 million young adults that have reportedly gained coverage through their parents’ insurance policies under the scheme.