U.S. Uninsured Rate Rises as Medicaid Cuts Take Effect
CDC data shows over 1 million adults and 700,000 children lost coverage, reversing pandemic-era gains.
- The uninsured rate increased from 7.7% in 2023 to 8.2% in early 2024.
- More than 27 million Americans were uninsured as of March 2024.
- Medicaid eligibility redeterminations led to nearly 25 million people losing coverage.
- ACA marketplaces saw record enrollments as many transitioned from Medicaid.
- Projections indicate uninsured rates may return to pre-pandemic levels by 2026.