The online financial website reviewed coverage data as the third open-enrollment period for health insurance is currently underway and 11.7 percent of the U.S. population still remains without coverage.
According to the report, since the first enrollment period of the Health Insurance Marketplace mandated under the Affordable Care Act 107,423 Alabama residents have gained health insurance that were previously uninsured, which has lowered Alabama’s uninsured rate 2.45 percent from 2010 to 2014.
Obamacare’s impact in Alabama:
- The uninsured rate pre-Obamacare was 16.8 percent and has fallen to a current rate of 12.1 percent, with 307,185 people gaining health insurance coverage.
- Obamacare reduced the children’s uninsured rate in by 2.1 percent between 2010 and 2014.
- Obamacare reduced the adult uninsured rate by 2.7 percent between 2010 and 2014.
- The uninsured rate for whites is 4.3 percent lower than that for blacks.
- The uninsured rate for whites is 22.3 percent lower than that for Hispanics.
- The uninsured rate for higher-income households is 13.8 percent lower than that for lower-income households.
- The rate of employer-based health insurance coverage increased by 0.6 percent between 2010 and 2014.
WalletHub used U.S. Census Bureau data to measure the uninsured rates by state before and after the implementation of the ACA. You can view the complete results here.