Press Release: Oregon Ranks 5th in Country for Lowest Number of Uninsured

The press briefing shared by WalletHub on Tuesday indicates that Oregon outperformed many other states.

To provide consumers with critical information, today WalletHub released its 2014 Health Insurance Coverage Report which offers consumers an initial projection of uninsured rates by state post-Obamacare.

Health Insurance Coverage in Oregon 

  • 6.38% of population lacks health insurance (5th lowest in the country).
  • Obamacare reduced the uninsured rate by 10.54 percentage points in one year.
  • 28.29% of population under 64 is on Medicaid.
  • 68,308 individuals enrolled in private health insurance plans under Obamacare.
  • 309,575 individuals enrolled in Medicaid between Summer 2013 and April 2014.

A recent study by the Kaiser Family Foundation (KFF) provides the best estimate to date of the proportion of private health plan enrollees under Obamacare who previously lacked health insurance and therefore would be gaining coverage under the new law. Based on their nationally representative survey of adults who purchase their own insurance, KFF finds that 57% of private plan enrollees were previously uninsured.

Combining this new data point with information on the number of new Medicaid recipients and private plan enrollees under Obamacare, WalletHub analysts are now able to offer an initial projection of uninsured rates post-Obamacare for 43 states and the District of Columbia.

For the full report, please visit:
http://wallethub.com/edu/rates-of-uninsured-by-state-before-after-obamacare/4800/

Wallet Hub is a one-stop destination for all the tools and information consumers and small business owners need to make better financial decisions and save money. 

News source: