Study finds ‘far-reaching’ impact from Affordable Care Act

By 2008, when President Obama was first elected, the rate of uninsurance in the U.S. had been steadily deteriorating: nearly 56 million Americans reported they had no health insurance for at least part of the prior year. Despite a long-lasting economic boom, a substantial expansion of public coverage for children, federal tax subsidies for people buying high-deductible health plans, and many state efforts, the nation’s rate of uninsured had been climbing since 1999, and 10 million more Americans were projected to join the ranks of uninsured by 2019. Even those with middle and higher incomes were worried about being financially devastated by a serious illness.
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