16.4 Million Gain Health Insurance Under Obamacare, Government Says

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WASHINGTON — A whopping 16.4 million people have gained health insurance coverage since Obamacare passed, according to a new government report released Monday.

The breakdown: 14.1 million adults insured since Obamacare’s first open-enrollment period which began in October 2013, and 2.3 million young adults aged 19-25 covered on a parent’s plan since the policy took effect in 2010.

The two-page report by the Department of Health and Human Services provides fresh evidence that the still-unpopular law has sharply reversed the trend of Americans losing their coverage. The uninsured rate fell from 20.3 percent to 13.2 percent as of March 4, 2015, a drop of 35 percent.

The reduction in uninsured is steeper among blacks (9.2 percentage points) and Hispanics (12.3 percentage points) than among whites (5.3 percentage points).

The chart above was included in the HHS report.

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