Moneymoney

Wed Sep 11, 2019, 10:53 AM

U.S. hits lowest poverty rate since 2001; number of uninsured rises

The proportion of Americans without health insurance grew significantly last year for the first time this decade, according to new federal data that show the number of uninsured rose to 27.5 million in 2018.

The data show a strong economy that pushed the poverty rate to its lowest level since 2001. The median U.S. income — the point at which half of U.S. families earn less than this amount, and half earn more — topped $63,000 for the first time, although that is roughly the same as middle-class income in 1999 after being adjusted for inflation.

https://www.the-review.com/news/20190910/us-hits-lowest-poverty-rate-since-2001-number-of-uninsured-rises

The Trump administration cheered the news that the official U.S. poverty rate fell to 11.8 percent in 2018, the lowest since 11.7% in 2001 as a sign the president’s policies are working to boost the economy. Businesses have been hiring minority and low-skilled workers at unusually high rates lately, helping give jobs and opportunities to Americans who struggled for years to get a chance.

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Reply U.S. hits lowest poverty rate since 2001; number of uninsured rises (Original post)
uncledad Wednesday OP
FreeWheelBurning Wednesday #1
uncledad Wednesday #2
quad489 Wednesday #3
FreeWheelBurning Wednesday #4
uncledad Wednesday #5
FreeWheelBurning Wednesday #6
uncledad Wednesday #7
Oldgeezer Wednesday #8

Response to uncledad (Original post)

Wed Sep 11, 2019, 10:59 AM

1. I wonder if the rise in the uninsured is due to people no longer being required to buy insurance

Last edited Wed Sep 11, 2019, 11:30 AM - Edit history (1)

Funny how when a population is not forced to do something that they do not want to do they no longer do it.

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Response to FreeWheelBurning (Reply #1)

Wed Sep 11, 2019, 11:17 AM

2. Different population...

The change was driven primarily by a decrease in public insurance for the poor, with enrollment in Medicaid dropping by 0.7%, the data show. The uninsured rate spiked especially among adults who are Hispanic and foreign-born, with the increase in uninsured among both groups three times the national average. Coverage also dwindled among children who are Hispanic and naturalized citizens.

Health policy experts interpreted those patterns as evidence of a chilling effect from the Trump administration’s efforts to restrict several forms of public assistance, including Medicaid, for immigrants seeking to remain in the United States. In addition, some state have been clamping down on eligibility rules for Medicaid.

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Response to uncledad (Reply #2)

Wed Sep 11, 2019, 11:23 AM

3. ''including Medicaid, for immigrants seeking to remain in the United States''...good!

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Response to uncledad (Reply #2)

Wed Sep 11, 2019, 11:29 AM

4. I am talking about the overall insurance rate

Obviously the .7% decrease lowered it some. That does not mean that people no longer being coerced into buying insurance didn't have an affect on the overall insurance rate.

I sincerely doubt that the .7% decrease accounted for the total number of newly uninsured.The author uses the term "primarily" but does not provide any data to support that the decrease in Medicaid was in fact the primary reason.

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Response to FreeWheelBurning (Reply #4)

Wed Sep 11, 2019, 11:39 AM

5. From the article...

The new figures for 2018 show that the uninsured rate increased to 8.5% of the population from 7.9% the year before.

Also:

Republicans can point to how, as premiums escalate, fewer people buy health plans through the ACA’s marketplaces unless they qualify for federal subsidies. Democrats can point to how major tax changes, adopted by a Republican Congress at the end of 2017, eliminated the financial penalty for those who violate the ACA’s requirement that most Americans carry health insurance - removing one motivation to stay insured.

A consistent decline in the number of uninsured Americans that began in 2011 actually stopped in 2017, according to census data, with about 400,000 more people than in 2016 reporting they lacked coverage. But that did not amount to a statistically significant change in the uninsured rate.

++Beyond what's in the article, you will have to do your own research

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Response to uncledad (Reply #5)

Wed Sep 11, 2019, 11:47 AM

6. Nothing you just posted refuted anything I said

So the question remains, how much of the increase was due to people no longer being coerced into buying insurance that they do not want.

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Response to FreeWheelBurning (Reply #6)

Wed Sep 11, 2019, 11:52 AM

7. ++Beyond what's in the article, you will have to do your own research

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Response to FreeWheelBurning (Reply #6)

Wed Sep 11, 2019, 01:36 PM

8. I suspect that is a primary driver.....and I'm glad.

Being forced to buy a product under threat of govt penalty.....I still hold Roberts in a negative view for that shit show.

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Moneymoney