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U.S. Uninsured Rate Plummets 26 Percent from 2019

June 20, 2024

The number of Americans without health insurance declined by 8.2 million from 2019 to 2023, according to a new report from the CDC.

This week, a report from the agency’s National Center for Health Statistics indicated the number of people without health insurance had reached record lows. In a corresponding commentary, the Congressional Budget Office (CBO) noted that the uninsured rate is likely to rise over the next decade after years of decline.

“The all-time low level of uninsurance seen in 2023 is expected to jump up in 2024 as Medicaid’s continuous eligibility provisions unwind,” the CBO analysis said.

Among the key takeaways:

  • By the numbers:  The number of Americans without health insurance declined from 33.2 million during 2019 to 25 million last year.
  • Child coverage:  The number of children without health insurance declined from 3.7 million to 2.8 million during that span.
  • Coverage type:  Nearly 65 percent of people under 65 had private coverage. About 29 percent had public health insurance during 2023.
  • Disparities:  About 25 percent of Hispanic adults from 18–64 did not have health insurance, which ranked ahead of Black (10.4%), White (6.8%), and Asian adults (4.4%),
  • Quotable:  “The uninsured share of the population will rise over the course of the next decade, before settling at 8.9 percent in 2034, largely as a result of the end of COVID-19 pandemic–related Medicaid policies, the expiration of enhanced subsidies available through the Affordable Care Act health insurance marketplaces, and a surge in immigration that began in 2022,” the CBO team noted ahead.

The report is available to review online.

If you or a loved one need health insurance, contact Pennie Customer Service at (844) 844-8040. Additional information about acquiring coverage is available online.