Wallethub: Hawai’i Ranks Among Lowest Uninsured Post-ACANovember 18, 2015, 8:08 AM HST (Updated November 19, 2015, 10:07 AM) · 0 Comments
Wallethub, an online financial resource website, conducted a recent study on 2015’s rates of individuals uninsured following Obamacare.
The study ranks Hawai’i as having the third lowest uninsured rate following the implementation of the Affordable Care Act, commonly referred to as Obamacare.
Using data from the United States Census Bureau, Wallethub analyzed overall insurance rates in all 50 states and the District of Columbia between 2010 and 2014. Overall insurance rates were then compared based on age, race/ethnicity, income, and type of insurer.
In Hawai’i, the data shows that Obamacare reduced the children’s uninsured rate by 15.29 percent between 2010 and 2014. Additionally, the study claims that the adult uninsured rate dropped to 35.52 percent during the same time period.
Hawai’i’s statistics, according to the Wallethub report, show that the uninsured rate for higher-income households is 57.03 percent lower than the rate for lower-income households.
Prior to Obamacare, Hawai’i’s insurance rate was 7.89 percent. The number has since fallen to 5.27 percent as an additional 31,653 have gained health insurance.
Massachusetts topped the list with a 2014 uninsured rate of 3.28 percent, while Texas held an uninsured rate of 19.06 percent.
Nationally, the post-Obamacare uninsured rate is at 11.70 percent.