The national uninsured rate rose from 7.7% to 8.2% earlier this year due to millions of Americans losing their Medicaid coverage. More than 27 million people were uninsured as of March 2024, with many losing coverage due to states re-evaluating eligibility. Some individuals shifted to ACA plans, leading to record enrollment in those marketplaces. Health insurance companies like Centene and Molina Healthcare reported profits from increased enrollments in ACA plans. However, millions of people remained uninsured, and the federal government is working with states to increase automatic Medicaid renewals to address this issue.
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Uninsured rate rises, CDC reports
