ObamaCare – who benefits the most?

Current figures on the market of health insurance in the US prove that the Affordable Care Act (also known as ObamaCare) has measurably pushed back against inequality by particularly helping those who economically fared poorly over the past decades.

As such, the biggest winners from the new law are:

  • Young people between the ages of 18-34, who recently have had more difficulties to prevail on the job market that older people.
  • Afro-Americans and Hispanics who entered the insurance program with larger rates than e.g. whites and Asians.
  • People in rural areas.

ObamaCare, hence, constitutes an opposite trend to the overall economic pattern in the US. Over all, approximately 10 millions Americans joined the health care program in 2014, which represents are decrease in the national uninsured rate for adults under 65 of 5% (the number fell from 16% to 11%).

Further information can be found here.

Source: New York Times