Health Insurance in Frisco Has Uninsured Rate Reaching A Low

Aug 23, 2022

Rick Thornton, a Frisco health insurance agent, said the latest statistics are once again the result of what the current administration has been pushing for in terms of offering affordable healthcare for all Americans.

Health Insurance in Frisco Has Uninsured Rate Reaching A Low

Frisco health insurance continues to offer increased benefits to millions of Americans who were previously uninsured or underinsured. And according to one recent report, a record-low 8% of Americans lacked health insurance at the beginning of the year. The U.S. Department of Health and Human Services announced the numbers in a recent report, saying that an analysis of household survey data shows more than 5 million additional people have obtained affordable healthcare coverage since 2020. Democrats increased insurance premium credits in an effort to spark increased enrollment into the Affordable Care Act, which resulted in the drop. A recent extension of those premium subsidies should only add to those numbers and continue to drop the uninsured rate across the nation.

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Clearly, the hope is that these statistics positively impacted individuals and families with health insurance in Frisco who were previously uninsured or underinsured. According to several published reports, the number of states that expanded Medicaid under the ACA increased the number of people insured, and “states that received additional Medicaid funds during the pandemic were required to maintain the majority of Medicaid patients enrolled until the public health emergency was over.” This trend should continue for at least the next three years given the recent extension.

Rick Thornton, a Frisco health insurance agent , said the latest statistics are once again the result of what the current administration has been pushing for since President Biden took office last year. Given the pandemic and rising cost of living, the fact that there is still affordable healthcare is a major win for millions of Americans and their families. Thornton said that as more states sign on to offering expansion of benefits and coverage, there’s no telling how many more Americans can receive life-saving treatments.

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