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Share On Social!
U.S. Health and Human Services (HHS) Secretary Sylvia Burwell announced that she expects 10 million individuals will be enrolled in coverage through the Health Insurance Marketplace by the end of 2016. The HHS believes that currently more than 1 out of 4 uninsured individuals will select coverage during open enrollment.
“We believe 10 million is a strong and realistic goal,” Burwell said. “We’ve seen high levels of satisfaction with the Marketplace and expect the vast majority of our current customers will reenroll. And our target assumes that more than one out of every four of the eligible uninsured will select plans.”
According to HHS’s information, nearly half of the uninsured that are anticipated to obtain coverage this coming year are between the ages of 18 and 34 and roughly 19% are Latinos. Almost 40% live near the federal poverty line and 8 out of 10 have an income that would allow them to qualify for assistance.
Data collected by the HHS to determine this estimate also showed that nearly 80% have less than $1,000 in savings; half of this number had less than $100.
By The Numbers
25.1
percent
of Latinos remain without health insurance coverage
